Hobby Lobby Stores, Inc.: Company Profile and SWOT Analysis by ICDResearch

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									Hobby Lobby Stores, Inc.

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Hobby Lobby Stores, Inc.                                                          Key Employees
                                                                                  Name                       Job Title
Fast Facts
                                        7707 S.W., Oklahoma City, 73179, United   David Green                Chief Executive Officer
Headquarters Address
                                        States of America
                                                                                  Steven Green               President
Telephone                               + 1 405 7451100
                                                                                                             Senior Vice President -
                                                                                  Ken Haywood
Fax                                     + 1 405 7451547                                                      Operations

Website                                 www.hobbylobby.com
                                                                                  Company Overview
Ticker Symbol, Stock Exchange           N/A
                                                                                  Hobby Lobby Stores, Inc. (Hobby Lobby) is a
Number of Employees                     18,000
                                                                                  specialty retailer, selling arts and crafts
                                                                                  merchandise for scrapbooking, picture framing,
Fiscal Year End                         December
                                                                                  and jewelry making, along with fabrics, cards,
Revenue (in US$ million)                2,000.00
                                                                                  baskets, home accents, and holiday supplies. It
                                                                                  operates 486 stores across 40 locations across
                                                                                  the US under Hobby Lobby Creative Centers
                                                                                  banner. In addition to its stores, the company
                                                                                  has manufacturing and distribution operation
                                                                                  located in the Oklahoma City, Oklahoma and
SWOT Analysis                                                                     also, operates through Hong Kong Connection,
                                                                                  HL Construction, Every Tribe Entertainment,
Strengths                               Weaknesses                                Ethno-Graphic Media, Endless Possibilities,
                                                                                  Hemispheres, and Mardel franchises. Hobby
                                                                                  Lobby is headquartered in Oklahoma City,
Association with charity institutions   Geographic concentration
                                                                                  Oklahoma, US.
Broad Product Portfolio
                                                                                  Key Competitors
Strong Foothold in the US Market
                                                                                  A.C. Moore Arts & Crafts, Inc. (Ticker: ACMR)

Opportunities                           Threats                                   Factory Card & Party Outlet Corp.
                                        Competition from non-specialty
Changing demographics                                                             Jo-Ann Stores, Inc. (Ticker: JAS)
                                        retailers

Growth of online retail                 Increase in online theft in the US        Michaels Stores, Inc.


New store openings                      Rise in manpower costs




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Hobby Lobby Stores, Inc. - SWOT Profile                                                                                  Page 1
Hobby Lobby Stores, Inc.

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 4
    1.1      Company Overview ................................................................................................................................................4
    1.2      Business Description ..............................................................................................................................................4
    1.3      Major Products and Services .................................................................................................................................5
2     Recent Developments ............................................................................................................................. 6
3     SWOT Analysis ........................................................................................................................................ 7
    3.1      SWOT Analysis - Overview ....................................................................................................................................7
    3.2      Strengths ................................................................................................................................................................7
    3.3      Weaknesses ...........................................................................................................................................................7
    3.4      Opportunities ..........................................................................................................................................................7
    3.5      Threats ...................................................................................................................................................................8
4     Hobby Lobby Stores, Inc. - History ........................................................................................................ 9
5     Hobby Lobby Stores, Inc. - Key Employees ........................................................................................ 10
6     Hobby Lobby Stores, Inc. - Key Employee Biographies ..................................................................... 11
7     Appendix ................................................................................................................................................ 12
    7.1      Methodology .........................................................................................................................................................12
    7.2      Disclaimer.............................
								
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