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Kids vendor scorecard.
High Point -- Wow! Pretty much sums up the composite results of the 11 suppliers on the Kids Today annual vendor scorecard. Overall, sales were up 5.6%, operating income charged ahead 47% and net income surged up a huge 53.5%.
Aggregate sales for the 11 vendors were $8.9 billion, up from $8.4 billion in 2001. Operating profits jumped from $508.7 million in 2001 to $747.9 million in 2002.
Profits in 2002 were $148 million, compared with $96.4 million in 2001.
Individual company results varied, as usual. Leading the way in dollar sales increases was Furniture Brands International, which added more than half a billion in sales in 2002 to its 2001 ...
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Source: HighBeam Research, Kids vendor scorecard.