| Ticker: MENS | 1750-A Ellsworth Industrial Boulevard | |
| Exchange: NASDAQ-National Market | Atlanta, Georgia 30318 | |
| Industry: Retail | (404) 351-7987 |
| Type of Shares: | Common Shares | Filing Date: | 12/5/95 | |
| U.S. Shares: | 1,700,000 | Offer Date: | 1/24/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $11.00 - $13.00 | |
| Primary Shares: | 1,000,000 | Offer Price: | $10.00 | |
| Secondary Shares: | 700,000 | Gross Spread: | $0.70 | |
| Offering Amount: | $20,400,000 | Selling: | $0.40 | |
| Expenses: | $380,000 | Reallowance: | $0.10 | |
| Shares Out After: | 6,250,000 |
| Manager | Tier | Phone |
| Robinson-Humphrey Company, Inc., The | Lead Manager | (404) 266-6000 |
| J.C. Bradford & Co. | Co-manager | (615) 271-1334 |
| Auditor: Arthur Andersen | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 1/29/95 | 10/30/95 | 10/30/94 | 10/29/95 | ||
| Revenue: | $49.80 | $37.82 | $32.68 | Assets: | $18.02 |
| Net Income: | $2.30 | $1.66 | $1.20 | Liabilities: | $16.67 |
| EPS: | $0.48 | $0.35 | $0.26 | Equity: | $1.35 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The Company is a rapidly growing superstore retailer of men's apparel and accessories. The company's stores offer first-quality, current-season men's apparel comparable in quality to that of traditional department and fine specialty stores, but at everyday low prices 39% to 70% below those typically charged by such stores. The company's 11 stores operating in eight states are "destination" stores located primarily in low-cost warehouses. The company's stores are operated under the names "K&G; Men's Center" and "K&G; MenSmart" east of the Mississippi River and "T&C; Men's Center" and "T&C; MenSamrt" west of the Mississippi River. The company's stores are open for business of Fridays Saturdays and Sundays only except for a limited number of Monday holidays and an expanded schedule for the holiday season when the store is open ever day. |
| Use of Proceeds |
| The proceeds from the offering will be used to finance store expansion and other general corporate purposes. |
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