| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Tweeter Home Entertainment Group, Inc. |
| 40 Hudson Road, Canton, MA 02021 * (781) 830-3000 |
| The company is a leading specialty retailer of mid to high end audio and video consumer electronics products. The company operates 50 stores under the Tweeter, Bryn Mawr and HiFi Buys names in the New England, Mid-Atlantic and Atlanta, Georgia markets. |
| Manager | Tier | Phone |
| BT Alex Brown | Lead Manager | (410) 727-1700 |
| Dain Rauscher Incorporated | Co-manager | (612) 371-2818 |
| PaineWebber Incorporated | Co-manager | (212) 713-2626 |
| NASNTL: | TWTR | Retail: | SIC 5731 | |
| Type of Shares: | Common Shares | Filing Date: | 4/24/98 | |
| U.S. Shares: | 2,710,000 | Offer Date: | 7/16/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $15.00 - $17.00 | |
| Primary Shares: | 2,200,000 | Offer Price: | $17.00 | |
| Secondary Shares: | 510,000 | Gross Spread: | $1.19 | |
| Offering Amount: | $43,360,000 | Selling: | $0.71 | |
| Expenses: | $900,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 6,082,690 | |||
| Employees: | 979 |
| Issuer's Law Firm: | Goulston & Storrs, P.C. |
| Bank's Law Firm: | Testa, Hurwitz & Thibeault |
| Registrar/Transfer Agent: | BankBoston |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 9/30/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $132.53 | $129.13 | $60.58 | Assets: | $84.53 |
| Net Income: | $0.15 | $4.31 | $1.30 | Curr Assets: | $45.78 |
| EPS: | $0.03 | $0.87 | Liabilities: | $65.29 | |
| Prior EPS: | Curr Liab: | $29.53 | |||
| Cash Flow/Oper: | -$6.24 | $1.83 | -$0.40 | Equity: | $19.23 |
| Cash Flow/Fin: | $30.47 | -$0.50 | $1.77 | Cash: | $1.14 |
| Cash Flow/Inv: | -$23.51 | -$1.34 | -$1.40 | Working Cap: | $16.25 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness and for working capital and for general corporate purposes. |