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Ashley Furniture Industries, Inc.
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.
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
PrivCo Industries (Sector > Industry > Sub-Industry)
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especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.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
Competitors
| Ethan Allen Global, Inc. |
| IKEA Group |
| La-Z-Boy Incorporated |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| Revenues | View | View | View | View | View | View | $1,999,800,000 | $1,680,000,000 | $1,400,000,000 | $1,400,000,000 |
| Employee Figures | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| Total Employees | View | View | View | View | View | View | 10,989 | 9,300 | 8,000 | 8,000 |
| Productivity (Revenue/Employee) | View | View | View | View | View | View | $181,982 | $180,645 | $175,000 | $175,000 |
| Location Statistics | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| Total Locations | View | View | View | View | View | |||||
| Average Revenue Per Store | View |
| Financial Notes: | |
| * | Ashley Furniture Industries, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Ashley Furniture Industries, Inc. financials to Excel and create your own graphs.)
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Ashley Furniture Industries, Inc. Revenues ($ MM): |
Ashley Furniture Industries, Inc. Total Employees: |
Ashley Furniture Industries, Inc. Productivity (Revenue/Employee) ($): |
Ashley Furniture Industries, Inc. Total Locations: |
Detailed Business Description: Ashley Furniture Industries, Inc.
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 →
Supplemental Resources
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