| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Lifestyle Furnishings International Ltd. |
| 4000 Lifestyle Court, High Point, NC 27265 * (336) 878-7000 |
| The company is the largest manufacturer and marketer of home furnishings (fine furniture, including decorative accessories, and decorative home furnishings fabrics) in the U.S. with 1997 net sales of nearly $2.0 billion. |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| CS First Boston | Co-manager | (212) 325-2000 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| Wheat First Union | Co-manager |
| NYSE: | LFI | Manufacturing: | SIC 2511 | |
| Type of Shares: | Common Shares | Filing Date: | 7/7/98 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $400,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 30000 |
| Issuer's Law Firm: | Davis, Polk & Wardwell |
| Bank's Law Firm: | Debevoise & Plimpton |
| Auditor: | Pricewaterhouse Coopers LLC |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $1,968.80 | $500.80 | $491.20 | Assets: | $1,124.80 |
| Net Income: | -$39.60 | $1.00 | $3.40 | Curr Assets: | $735.86 |
| EPS: | Liabilities: | $1,035.80 | |||
| Prior EPS: | Curr Liab: | $279.73 | |||
| Cash Flow/Oper: | $139.73 | $59.33 | $14.13 | Equity: | $89.00 |
| Cash Flow/Fin: | -$107.85 | -$39.91 | $5.05 | Cash: | $10.79 |
| Cash Flow/Inv: | -$50.62 | -$12.30 | -$14.63 | Working Cap: | $456.13 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to fund the development and growth of the business. |