BNET Industries

Hancock Fabrics Inc.

(HKFI) is in the Retail Industry

Market Cap:$20.6M
Last Fiscal Year Sales:$276.3M
  • Public
  • US
Dow Jones Description

Hancock Fabrics, Inc., a Delaware corporation (Hancock or the Company, which may be referred to as we, us or our) was incorporated in 1987 as a successor to the retail and wholesale fabric business of Hancock Textile Co., Inc., a Mississippi corporation and a wholly owned subsidiary of Lucky Stores, Inc., a Delaware corporation (Lucky). Founded in 1957, we operated as a private company until 1972 when we were acquired by Lucky. We became a publicly owned company as a result of the distribution of shares of common stock to the shareholders of Lucky on May 4, 1987.

Chief Executive OfficerCarl E. Berg
Number of Employees 3,800
Contact Information

1 Fashion Way

Baldwyn, Mississippi 38824-8547

www.hancockfabr...

(662) 842-2834

NAICS Code Sewing, Needlework, and Piece Goods Stores: 451130

Recent Events

  • Hancock Fabrics Q1 net loss narrows

    6/05/09 - Financial Announcement - View Story

  • Going bankrupt: Filings more than double

    5/17/09 - Financial Announcement - View Story

  • Hancock Fabrics Announces Financial Results for Fiscal Year 2008

    4/13/09 - Financial Announcement - View Story

News & Analysis

hancock fabrics inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Carl E. Berg Chief Executive Officer
Steven D Scheiwe President of Ontrac Advisors, Inc., Member
Bruce Smith Chief Financial, Officer
Larry D. Fair Chief Accounting Officer & Vice President
Linda Gail Moore Senior Vice President, Chief Marketing & Merchandising Officer
Robert Driskell CFO & Executive Vice President
Clayton E. Stallings Senior Vice President Â?? Store Operations
Dean W. Abraham Senior Vice President
Hugh Hargett Senior Vice President, Wholesale Trade
Susan Zewicke Senior Vice President Store Operations
William A. Sheffield Senior Vice President, Distribution
William D. Smothers Senior Vice President, Real Estate
Lynn Blanton Controller
Ellen J. Kennedy Secretary
Jane Aggers President, Chief Executive Officer and Director
Roger T. Knox Director

Board of Directors

Name (plus bio) Position
Don L. Fruge Board of Directors
Donna L. Weaver Board of Directors
Harry D. Schulman Board of Directors
Sam P Cortez Board of Directors
Wellford L. Sanders Board of Directors

Mr. Berg helped found Valence and has served on the board of directors since September 1991. For more than thirty years, he has been a major Silicon Valley industrial real estate developer and a private venture capital investor. Mr. Berg also serves as the chairman of the board, chief executive officer and director of Mission West Properties, Inc., and a director of Mosys, Inc. and Hancock Fabrics, Inc. Mr. Berg holds a Bachelor of Arts degree in Business Administration from the University of New Mexico, Albuquerque.

Organization Position Status
Hancock Fabrics, Inc. Chief Executive Officer Current
Mission West Properties CEO Current
Videonics, Inc. Co-Founder Current
FOCUS Enhancements, Inc. Developer Current
MoSys Inc. developer Current
Mission West Properties Chairman Current
Eksigent Technologies, LLC Chairman of the Board Current
Hancock Fabrics, Inc. Chairman of The Board Current
Valence Technology, Inc. Director and Chairman of The Board Current
Hancock Fabrics, Inc. Director Current
Valence Technology, Inc. Board Member Current
Monolithic Systems LLC Director Current
Quantum3d Inc. Director Current
Videonics, Inc. Board of Directors Current
MoSys Inc. Chairman Current
MoSys Inc. Board of Directors Current
Integrated Device Technology, Inc. board member Current
Systems, Inc. Former
The University of New Mexico B.A. degree Former
Valence Technology, Inc. member Former

President of Ontrac Advisors, Inc., member on boards of Movie Gallery, Inc., Zemex Minerals Holdings, Inc., FiberTower Corporation, and Footstar, Inc. President of Ontrac Advisors, Inc., where he provides analysis and management services. Previously, the Chief Executive Officer of Teletrac, Inc., after serving as General Counsel & Secretary. Mr. Scheiwe was also General Counsel & Secretary of Premiere Page, Inc. and currently serves on the boards of Movie Gallery, Inc., Zemex Minerals Holdings, Inc., FiberTower Corporation, and Footstar, Inc. Mr. Scheiwe received a Bachelor's degree from the University of Colorado and a J.D. from the Washburn University School of Law.

Organization Position Status
Hancock Fabrics, Inc. President of Ontrac Advisors, Inc., Member Current
Hancock Fabrics, Inc. Board of Directors Current
Footstar, Inc. Board of Directors Former
University of Colorado Bachelor's Degree Former
Organization Position Status
Hancock Fabrics, Inc. Chief Financial, Officer Current
Hancock Fabrics, Inc. Treasurer Current
Hancock Fabrics, Inc. Executive Vice President Former
Organization Position Status
Hancock Fabrics, Inc. Chief Accounting Officer & Vice President Current
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President, Chief Marketing & Merchandising Officer Current
Organization Position Status
Hancock Fabrics, Inc. CFO & Executive Vice President Current
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President Â?? Store Operations Current
Hancock Fabrics, Inc. Regional Operations Manager Former
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President Current
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President, Wholesale Trade Current
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President Store Operations Current
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President, Distribution Current
Organization Position Status
Hancock Fabrics, Inc. Senior Vice President, Real Estate Current
Organization Position Status
Hancock Fabrics, Inc. Controller Current
Organization Position Status
Hancock Fabrics, Inc. Secretary Current
Hancock Fabrics, Inc. Secretary Former
Organization Position Status
Hancock Fabrics, Inc. Board of Directors Current

Donna Weaver is retired founder and chairman of Weaver, Field & London, Inc., an investor relations and corporate communications firm. Donna has more than 30 years of corporate financial and investment community experience. A Certified Management Accountant, she is a graduate of the University of Arizona and the Stanford Graduate School of Business. Her corporate directorships include E*Trade Financial Corporation, Hancock Fabrics Inc., and Basic American Foods Inc. She is a former director of the not-for-profit California Pacific Health Corporation and predecessor Children's Hospital of San Francisco.

Organization Position Status
Basic American Foods, Inc. Current
Mxsecure, Inc. Chairman of the Board Current
Hancock Fabrics, Inc. Board of Directors Current
Koerlin Associates Board of Directors Current
Weaver, Field & London Founder Former
Hancock Fabrics, Inc. Chairman, Mxsecure, Inc. Former
Children's Hospital Director Former
Stanford Graduate School of Business Former
The University of Arizona Former
Organization Position Status
Baird Asia Limited Operating Partner Current
Granville Baird Capital Partners Limited Operating Partner Current
Baird Capital Partners Operating Partner Current
Hancock Fabrics, Inc. Board of Directors Current
Applica Incorporated Chairman, President & CEO Former
Applica Consumer Products, Inc. President Former
Applica Incorporated Chief Financial Officer Former
Applica Incorporated Executive Vice President Â?? Finance and Administration Former
Applica Incorporated Secretary Former
University of Miami MBA Former
University of Dayton Bachelor's Degree In Business Administration Former

Array

Organization Position Status
Jo-Ann Stores, Inc. Executive Current
Hancock Fabrics, Inc. Board of Directors Current
Jo-Ann Stores, Inc. Chief Marketing, Merchandising and Supply Former
Organization Position Status
Fred's Inc. President and Chief Executive Officer Current
Hancock Fabrics, Inc. Director Current
Fred's Inc. Director Current

Mr. Cortez has been a principal at KCL Development, LLC since 2003, where he provides business consulting and financial advisory services, primarily to growth companies and new business ventures. Prior to KCL Development, Mr. Cortez spent over twelve years in investment banking, focused primarily in the environmental industry. From 2000 to 2003, Mr. Cortez was a Senior Vice President at Lehman Brothers, and prior to that he worked at Donaldson, Lufkin & Jenrette, Alex. Brown & Sons Incorporated and Morgan Stanley International. He completed dozens of capital raising and mergers & acquisitions transactions for environmental companies, including Allied Waste, American Disposal, Casella Waste, Chem-Nuclear Services, Envirofil, ReSource NE, Sanifill, Stericycle, Superior Services, Synagro, United Waste, USA Waste, and Waste Management. Mr. Cortez received an MBA from Harvard Business School and a B.S. in Chemical Engineering from UC Berkeley.

Organization Position Status
World Waste Technologies, Inc. Director Current
Hancock Fabrics, Inc. Board of Directors Current
University of California, Berkeley B.S. In Chemical Engineering Former
Organization Position Status
Hancock Fabrics, Inc. Board of Directors Current
Catherines Stores Corporation Director Current
Peebles Inc Director Current
Hancock Fabrics, Inc. Chairman, Managing Director, Wachovia Securities Former
Wachovia Securities, LLC Managing Director Former
McGuireWoods LLP Team Member Former

Executive News

  • Mission West Properties, Inc. Declares Second Quarter 2009 Dividend and Provides Notification of Qua

    Interest!ALERT - 6/22/09 - View Story

  • Mission West Properties, Inc. Declares Second Quarter 2009 Dividend and Provides...

    Reuters - 6/22/09 - View Story

  • Mission West Properties, Inc. Declares Second Quarter 2009 Dividend and Provides Notification of Quarterly Conference Call

    TradingMarkets - 6/22/09 - View Story

  • Mission West Properties, Inc. Declares Second Quarter 2009 Dividend and Provides Notification of Quarterly Conference Ca

    NewsBlaze - 6/22/09 - View Story

  • Mission West Properties, Inc. Declares Second Quarter 2009 Dividend and Provides Notification of Quarterly Conference Call

    PR Newswire - 6/22/09 - View Story

  • Hancock Fabrics Q1 net loss narrows

    TradingMarkets - 6/05/09 - View Story

  • Hancock Fabrics Announces Fiscal 2009 First Quarter Financial Results

    TradingMarkets - 6/03/09 - View Story

  • Hancock Fabrics Announces Fiscal 2009 First Quarter Financial Results

    Street Insider - 6/03/09 - View Story

  • Hancock Fabrics Announces Fiscal 2009 First Quarter Financial Results

    Stockwatch - 6/03/09 - View Story

  • Hancock Fabrics Announces Conference Call to Discuss First Quarter 2009 Results

    Forbes.com - 5/28/09 - View Story

  • Hancock Fabrics Announces Conference Call to Discuss First Quarter 2009 Results

    Reuters - 5/28/09 - View Story

  • Hancock Fabrics Announces Conference Call to Discuss First Quarter 2009 Results

    Business Wire - 5/28/09 - View Story

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     HKFI $1.04 -0.01 (-0.95% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 21,432
Shares Outstanding -
Market Cap -
Year High 1.85
Year Low 0.29
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated

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