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Virco Mfg VIRC · USD

Industrials · US listing · 🇺🇸 United States

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6.36

+2.58%

Close of 9 Nov 2026, in USD

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About Virco Mfg

From its filings with the US Securities and Exchange Commission

SEC filings

Virco Mfg is based in Torrance, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker VIRC. The SEC classifies its business as public bldg & related furniture. In the fiscal year to 31 January 2026, it reported revenue of $199.7m and net income of $2.6m. At that date it held total assets of $174.2m and shareholders' equity of $105.9m.

In its own words

Along with serving customers in the education market - which in addition to preschool through 12th grade public and private schools includes: junior and community colleges; four-year colleges and universities; trade, technical and vocational schools - Virco is a furniture and equipment supplier for convention centers and arenas; the hospitality industry with respect to banquet and meeting facilities; government facilities at the federal, state, county and municipal levels; and places of worship. We also sell to wholesalers, distributors, traditional retailers, and catalog retailers that serve these same markets.

To meet the furniture and equipment needs of our customers, Virco leases a 560,000 sq. ft. office, manufacturing and warehousing facility located on 23.5 acres of land in Torrance, California; this facility includes our corporate headquarters, West Coast showroom, and our West Coast distribution operations. In the second quarter of fiscal 2025, the Company executed a five-year extension of this lease expiring on September 30, 2030. To complement our Torrance-based operations, Virco owns three manufacturing and distribution facilities in Conway, Arkansas. The primary facility is located on 100 acres of land in Conway, containing 1.2 million sq. ft. of manufacturing, warehousing, distribution, and office space.

Quoted from its 10-K, filed 8 Apr 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Commercial Services & Supplies
Listed since
18 Mar 1980
Employees
731
Website
virco.com ↗
Head office
2027 HARPERS WAY, TORRANCE, CA, 90501
Incorporated in
DE
Classification
Public Bldg & Related Furniture
Filer status
Accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Robert LindIndependent Director$150,000
  • Mr. Robert VirtueChairman of the Board, Chief Executive Officer, since 1956$557,091
  • Mr. Douglas VirtuePresident, Director, since 1992$507,705
  • Ms. Bassey YauChief Financial Officer, Treasurer, Company Secretary
  • Mr. J. Scott BellSenior Vice President, Chief Operating Officer
  • Ms. Patricia QuinonesSenior Vice President, Chief Administrative Officer$308,484
  • Ms. Kathy YoungDirector$322,152
  • Mr. Craig LevraIndependent Director$150,000
  • Mr. Bradley RichardsonIndependent Director$150,000
  • Ms. Agnieszka WinklerIndependent Director$150,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
20
Environment
2
Social
15
Governance
42
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Virco Mfg. Corp has a long-standing reputation in the furniture manufacturing industry.
  • The company has a diverse product portfolio catering to different customer needs.
  • Virco Mfg. Corp has a strong distribution network, enabling wide market reach.
  • They have a strong focus on innovation, constantly introducing new and improved products.

Weaknesses

  • Virco Mfg. Corp relies heavily on external suppliers for raw materials, making them susceptible to price fluctuations.
  • The company faces intense competition from both domestic and international furniture manufacturers.
  • Virco Mfg. Corp has limited global presence, with a majority of its sales coming from the domestic market.
  • They have a relatively high debt-to-equity ratio, which may impact their financial stability.

Opportunities

  • The growing trend of remote work and home offices presents a significant opportunity for Virco Mfg. Corp to expand their product offerings.
  • They can explore strategic partnerships with companies in the technology sector to incorporate smart features in their furniture.
  • Virco Mfg. Corp can target emerging markets with their affordable and high-quality products, tapping into new customer segments.
  • They can invest in sustainability initiatives to align with increasing consumer demand for eco-friendly products.

Threats

  • The ongoing global economic uncertainty may impact consumer spending on non-essential items like furniture.
  • Increasing cost of labor and raw materials pose a significant threat to Virco Mfg. Corp's profitability.
  • They face the risk of intellectual property theft and imitation from competitors, especially in the international market.
  • Changes in government regulations and trade policies can disrupt Virco Mfg. Corp's supply chain and international operations.

Sources and methodology

Data on this tab
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