Petrone Worldwide, Inc.

Petrone Worldwide, Inc.

PFWIQ
Petrone Worldwide, Inc.US flagOther OTC
0.00
USD
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506.00Market Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
David Elliot Lazar
Full Time Employees
1
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Address
2200 N. Commerce Parkway Weston FL United States of America 33326
IPO Date
Mar 6, 1995
Business
Petrone Worldwide, Inc. (PFWIQ) imports, exports and distributes commercial grade tableware products, decorative hotel room amenities, lavatory and bathroom fixtures and furniture, food and beverage service items, and related accessories primarily for hospitality and foodservice operators in Asian and European marketplaces; its principal brands include Front of the House and Room 360. Founded by Victor W. Petrone Jr. in 1998 and headquartered in Oceanside, NY, with additional operational addresses noted in Weston, FL, the company targets the global hospitality sector through these core offerings. In recent developments, Petrone Worldwide entered into a definitive agreement with Dewan Sons to form an international alliance enhancing supply chain capabilities; it also launched a highly customized ecommerce site for retail sales of co-branded products and updated a prior transaction involving real-time communication enhancements with purchasing agents. The company maintains a minimal public profile amid delisted status and negative equity position as of latest filings, with no significant funding rounds, acquisitions or reorganizations reported in the past 1-2 years.