BNET Industries

Ultimate Electronics Inc.

(ULTEQ) is in the Auto Industry

Last Fiscal Year Sales:$712.8M

Public
US

Dow Jones Description

Ultimate Electronics is a leading specialty retailer of consumer electronics and home entertainment products in the Rocky Mountain, Midwest and Southwest regions of the United States. We focus on mid- to high-end audio, video, television and mobile electronics products sold by a highly trained, knowledgeable, commissioned sales force. We offer approximately 4,000 stock keeping units (SKU's) at a wide range of price points representing approximately 130 brands, including a broad presentation of the most popular names and a large selection of limited distribution, upscale brands and lines. We emphasize products with the latest technology by dedicating significant resources to their promotion, advertising, merchandising and related product training. We believe our commitment to technologically advanced products, combined with our highly trained sales force, allows us to capitalize on the growing demand for consumer electronics products, which is being driven by digital technologies.

Contact Information

321 West 84th Ave

Suite A

Thornton, Colorado 80260

303-412-2500

Peer Companies

NAICS Code Automotive Parts and Accessories Stores: 441310

Company News

News & Analysis

ultimate electronics inc. - All News and Analysis

ULTIMATE'S NEW EXPERIENCE.(Ultimate Electronics Inc. introduces home furnishings line)

- 2005-11-21

Byline: Michael Rudnick THORNTON, Colo.-Leather chairs, wall units and coffee tables are all items found in a typical home furnishings retail catalog, but usually not in the pages of an electronics retailer's holiday book. Ultimate Electronics, however, is breaking the mold as it...

Tags: Ultimate Electronics Inc.
Ultimate Electronics Inc. to close its stores in Utah

- 2005-03-25

THORNTON, Colo. AP -- Consumer electronics retailer Ultimate Electronics Inc. will lay off more than 25 percent of its work force and close nearly half its stores, including those in Utah, as part of a bankruptcy reorganization. Ultimate Electronics received a default waiver from its lender which provided...

Tags: Ultimate Electronics Inc.
Not the last word.(Ultimate Electronics Inc. appointed Mark Wattles, Papa John's Pizza appointed Nigel Travis )

- 2005-02-07

EXECUTIVE SUMMARY: * Former Hollywood chief Mark Wattles will apply his video retail knowledge to steer Ultimate Electronics toward profit. * Meanwhile, Blockbuster's ex-president Nigel Travis plans to use the connection between pizza and home entertainment...

Tags: Blockbuster Inc., Ultimate Electronics Inc.
Ultimate Electronics Inc., Thornton, Colo., voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code.(Industry notes)(Brief Article)

- 2005-01-26

Ultimate Electronics Inc., Thornton, Colo., voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The U.S. Bankruptcy Court granted interim approval of the debtor-in-possession facilities and approved the company's first-day motions to continue normal business operations.

Tags: Ultimate Electronics Inc.
Ultimate Electronics, Inc. Announces 3rd Quarter Financial Results

- 2004-11-26

THORNTON, Colo. -- Ultimate Electronics (NASDAQ:ULTE), a leading specialty retailer of consumer electronics and home entertainment products located in the Rocky Mountain, Midwest, and Southwest regions of the United States, will hold its quarterly conference call to discuss 3rd quarter results on December 2, 2004, at 11:00 a.m. Eastern Time...

Tags: Ultimate Electronics Inc.

Ultimate Electronics, Inc. Announces 2nd Quarter Financial Results

- 2004-08-18

THORNTON, Colo. -- Ultimate Electronics (NASDAQ:ULTE), a leading specialty retailer of consumer electronics and home entertainment products located in the Rocky Mountain, Midwest, and Southwest regions of the United States, will hold its quarterly conference call to discuss 2nd quarter results on August 26, 2004, at 11:00 a.m. Eastern Time...

Tags: Ultimate Electronics Inc.
NEW SYSTEM INTEGRATION SHORT-CIRCUITS AT ULTIMATE ELECTRONICS.(Ultimate Electronics Inc.)(Management information systems)

- 2004-06-07

Byline: Brad Barth THORNTON, Colo.-Ultimate Electronics took the unusual step recently of blaming much of its second-half financial woes on the troubled integration of a management information system. The announcement left investors wondering what went so wrong and demonstrated the impact that ...

Tags: Ultimate Electronics Inc.
Ultimate Electronics, Inc. Announces 1st Quarter Financial Results

- 2004-05-27

Business Editors THORNTON, Colo.--BUSINESS WIRE--May 27, 2004 Ultimate Electronics (NASDAQ:ULTE), a leading specialty retailer of consumer electronics and home entertainment products located in the Rocky Mountain, Midwest, and Southwest regions of the United States, will hold its quarterly conference call to discuss 1st quarter results on June 03,...

Tags: Ultimate Electronics Inc.
ULTIMATE PUSHES ACCESSORIES TO OFFSET DECLINE IN MARGINS.

- 2004-03-01

THORNTON, Col. -- Ultimate Electronics Inc. is moving toward a cross-merchandising approach with its video and consumer electronics accessories. The goal of the move is to maximize the average ring and help make up for diminishing margins. Ultimate operates...

Tags: Ultimate Electronics Inc.
Ultimate Electronics Inc.(People on the move)(Brief Article)

- 2004-01-14

* Ultimate Electronics Inc., Denver, Colo., appointed Jim Pearse senior vice president of Marketing and Merchandising, Gerry Demple senior vice president of Repair and Installation Services, and Steve Connell vice president of Information Technology.

Tags: Ultimate Electronics Inc.