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Ashley Furniture Industries, Inc.

Private Company Ticker Symbol™: (ASHFURP)

Business Summary

Privately-held Ashley Furniture Industries, Inc. continues to be one of the largest furniture design and distribution companies in the United States. It manufactures mid-range home furniture that its Ashley HomeStore franchise locations sell across the United States and Canada. Since its founding, Ashley has grown to become the largest home furniture manufacturing company, illustrating its dramatic transition from a virtual unknown to a significant force in the industry. Founded by Carlyle Weinberger in 1945, Ashley Furniture is headquartered in Arcadia, Wisconsin.

Jump to Ashley Furniture Industries, Inc.: Detailed Business Description for more details on Ashley Furniture Industries, Inc. products and services, financial structure, Ashley Furniture Industries, Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Year Founded:1945
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:Arcadia
State/Province:Wisconsin
Country:United States
Phone:View
Fax:View
Website:www.ashleyfurniture.com

Corporate Organization

Subsidiaries:
Ashley Furniture HomeStores
Brands:
Ashley
DuraPella
Gentry
Millenium
Founders:
Carlyle Weinberger

Industry Information

Industry Codes

PICS™:10017™, 1000902™, 1000905™, 1000906
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Charts, Financials, and Statistics (Table Format)

Below are Ashley Furniture Industries, Inc. financials and other business metrics displayed in table format.
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Income Statement2011201020092008200720062005200420032002
RevenuesViewViewViewViewViewView$1,999,800,000$1,680,000,000$1,400,000,000$1,400,000,000
Employee Figures2011201020092008200720062005200420032002
Total EmployeesViewViewViewViewViewView10,9899,3008,0008,000
Productivity (Revenue/Employee)ViewViewViewViewViewView$181,982$180,645$175,000$175,000
Location Statistics2011201020092008200720062005200420032002
Total LocationsViewViewViewViewView     
Average Revenue Per StoreView         
Notes
Financial Notes:
*Ashley Furniture Industries, Inc. fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Ashley Furniture Industries, Inc. financials and other business metrics displayed in table format.
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Ashley Furniture Industries, Inc. Revenues ($ MM):
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Ashley Furniture Industries, Inc. Total Employees:
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Ashley Furniture Industries, Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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Ashley Furniture Industries, Inc. Total Locations:
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Detailed Business Description: Ashley Furniture Industries, Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Ashley Furniture Industries, Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Business Model

Manufacturing

Ashley Furniture Industries is a furniture designer and manufacturer. The privately-held furniture company's revenues come from sales of its furniture to its retail store operators. Ashley's manufacturing headquarters are located near corporate HQ in Arcadia, Wisconsin. Outside of this location, Ashley has several other manufacturing sites in Wisconsin, the East Coast, and California. The privately-held furniture manufacturer also manufactures upholstery in Mississippi.

Franchising

Ashley Furniture HomeStores are independently owned and operated franchise locations that sell exclusively Ashley Furniture. As of 2011, there were over 400 of these locations across the United States. Stores are also located in Canada. Ashley Furniture offers franchisees business financing options and allows them to set their own furniture prices.

Ashley Furniture is currently developing a franchise chain of low-end furniture stores. These furniture stores will be… Continue Reading →

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Supplemental Resources

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