IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies
Pietrafesa Corporation, The
7400 Morgan Road, Liverpool, NY 13090 * (315) 453-4300
Business Description The company is the only major apparel business focused primarily on offering major retailers and brand licensing companies a total solution for dress apparel products for men.
Filing
Information

Not yet
public

To Trade As  BRND (NASNTL) Industry  Manufacturing (SIC 2325)
Type of Stock Offered Class A Common Shares Filing Date  03/15/1999
Domestic Shares Filed 4,000,000 Filing Range  $11.00 - $13.00
Foreign Shares Filed  0 Offering Amount  $48,000,000
Company Shares  4,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Janney Montgomery Scott Lead Manager (215) 665-6520
First Security Van Kasper Co-manager (415) 954-0650
Morgan Schiff & Co., Inc. Co-manager (212) 454-2600
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data 12/31/1994 12/31/1995 12/31/1996 12/31/1997 12/31/1998    
Revenues   57.665 40.009 44.000 37.582 56.763 - -
Income from Oper.   1.686 -1.593 1.548 2.095 3.943 - -
Net Income   0.059 -9.522 2.857 0.556 1.397 - -
E.P.S   - - - - - - -
Revenue Growth (%)      -30.62 9.98 -14.59 51.038   -
Net Income Growth (%)      - - -80.54 151.26   -
Oper. Profit Margin (%)    2.92 - 3.52 5.57 6.95 - -
Net Profit Margin (%)    0.10 - 6.49 1.48 2.46 - -
Cash Flow - Oper.     -1.40 - -
Cash Flow - Inv.     -0.56 - -
Cash Flow - Fin.     1.97 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    29.38 Current Assets    22.23 Current Ratio    1.71
Total Liab.    26.99 Current Liab.    12.99 Debt Ratio    91.89%
Total Equity    2.38 Working Cap.    9.24 Debt to Equity Ratio    11.33
Cash    0.01    Return on Assets   4.76%
Use Of
Proceeds
The proceeds from the proposed offering will be used to repay indebtedness, to fund the company's business expansion plans, including the acquisitions, for working capital and other general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Roberts, Sheridan & Kotel
Bank's Law Firm  Klehr, Harrison, Harvey, Branzburg & Ellers LLP
Auditor  Ernst & Young
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 09/29/1999 3:52:10 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.