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Industry Center - Retail (Technology)
Industry Center > Retail (Technology) > Ultimate Electronics, Inc. Company Profile
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Ultimate Electronics, Inc. Company Profile
Like ultimate Frisbee, electronics retailing is an intensely competitive sport. Ultimate Electronics competes in the Rocky Mountain, Midwest, and Southwest regions of the US, selling mid- to high-priced televisions, audio and video products, and mobile electronics. It operates 65 stores under the SoundTrack and Ultimate Electronics banners in 14 states. Stores range from 15,000 to 51,000 sq. ft. and carry about 4,000 products under 130 brand names. Ultimate Electronics' gimmick for competing with much larger chains: a 110% refund of the difference between its price and any lower one. The company is operating under Chapter 11 bankruptcy protection.
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Contact Information
Address: 321 W. 84th Ave., Ste. A
Thornton, CO 80260
Phone:303-412-2500
Fax:303-412-2501
Financial Highlights
Fiscal Year End:January
Revenue (2004):712.90 M
Revenue Growth (1 yr):1.20%
Employees (2004):3,475
Employee Growth (1 yr):3.00%
Key People
Chairman and CEO: Mark J. Wattles
SVP Finance and CFO: David A. Carter
SVP Marketing and Merchandising: William J. (Jim) Pearse III
Industry Information
Sector: Services
Industry: Retail (Technology)
Top Competitors
Best Buy Co., Inc. (BBY)
Circuit City Stores, Inc.
CompUSA Inc.
 


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