Facebook Users

Will SKFBQ go up?

SKFBQ S&K Famous Brands Inc. featured news, full reports, and detailed charts

S&K Famous Brands Inc. (SKFBQ/SKFBQ.PK) Wrap Up:

S&K Famous Brands, Inc. operates as a retailer of men?s apparel in the United States. It offers suits, sport coats, shirts, ties, slacks, outerwear, sportswear, shoes, and accessories. The company also rents tuxedos. S&K Famous Brands was founded in 1967 and is based in Glen Allen, Virginia. On February 9, 2009, S & K Famous Brands, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Eastern District of Virginia, Richmond.
www.skmenswear.com
Founded in 1967

S&K Famous Brands Inc. (SKFBQ:OTC)

SKFBQ Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for S&K Famous Brands Inc. (SKFBQ)

S&K Famous Brands Inc. to Close All Its Stores

S&K Famous Brands Inc. will close all 105 of its S&K Menswear stores in 26 states, including five in the Charlotte region. The company has begun a going-out-of-business sale that will continue until all merchandise is sold. S&K's local stores are at The Centrum mall in Pineville, Valley Hills Mall in Hickory, Concord Mills in Concord, Northlake Mall in Charlotte and Matthews Township Festival in Matthews.

S&K Famous Brands Inc. Announces Executive Changes

Joseph A. Oliver 3rd was fired as president and chief executive officer of S&K Famous Brands Inc. Stuart Siegel and his family are putting together a bid to purchase the company out of bankruptcy and install Howard Rose, vice president of real estate at S&K and a nephew of Siegel's, as CEO. Jonathan M. Tibus of Alvarez & Marsal North America was installed as chief restructuring officer. Siegel will assume 'an unpaid full-time executive position with the company' to provide support. The appointment of Tibus must be approved by the U.S. Bankruptcy Court for the Eastern District of Virginia. The former CEO had been with the company for three years and has served as chief executive for one-and-a-half years.

S&K Famous Brands Scouting For Buyer

S&K Famous Brands Inc. has repaid a credit line used in bankruptcy and can continue operating without the threat of liquidation currently. The company is also actively scouting for a buyer or investor who could help the company emerge from bankruptcy court protection. The company filed for Chapter 11 bankruptcy February 9. The president and CEO said that S&K could be sold for about $3 million.

otc, otcbb, pinksheet, SKFBQ, ob S&K Famous Brands Inc.

SKFBQ Competitors

Company Last Change
No competitor information is available for SKFBQ.
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation SKFBQ Industry Range
No financial data is available for SKFBQ.
 | 

SKFBQ transactions

Type
Date
Target
Merger/Acquisition
October 19, 2009
S&K Famous Brands Inc., Substantially All Assets

More Recent News About S&K Famous Brands Inc.

More news for SKFBQ

S&K FAMOUS BRANDS INC Financials

PERIOD ENDING30-Oct-0431-Jul-041-May-0431-Jan-04Total Revenue42,585  40,479  50,910  56,129  Cost of Revenue23,452  22,567  27,946  33,004  Gross Profit19,133  17,912  22,964  23,125  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative18,018  17,226  19,351  21,152  Non Recurring30   -   -   -  Others745  753  750  667  Total Operating Expenses -   -   -   -  Operating Income or Loss340  (67)2,863  1,306  Income from Continuing OperationsTotal Other Income/Expenses Net29  (67)38  8  Earnings Before Interest And Taxes369  (134)2,901  1,314  Interest Expense116  66  43  101  Income Before Tax253  (200)2,858  1,213  Income Tax Expense96  (76)1,086  461  Minority Interest -   -   -   -  Net Income From Continuing Ops157  (124)1,772  752  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   -   -   ...
Click here to read the whole Article (external link)

Would you like to leave a comment about S&K Famous Brands Inc. SKFBQ/SKFBQ.PK

Besides S&K Famous Brands Inc. there is more great information available at Realpennies.com