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News Releases - 2003
Home > Investors > News Releases > 2003 > Liquidation World Announces Quarterly and Annual Revenue
Calgary, October 10, 2003
Liquidation World Inc. (LQW – TSX) announces revenues during the fourth quarter of fiscal 2003, the 13 weeks ending October 5, 2003, totaled $42.7 million, a nominal increase from $42.6 million during the corresponding 13 weeks in fiscal 2002.
Revenue for fiscal 2003 totaled $173.6 million a nominal decrease from $174.5 million during the 52 weeks ending October 6, 2002.
Complete financial results for fiscal 2003 will be announced in mid December 2003.
About Liquidation World Inc.
Liquidation World Inc. offers a uniquely diversified menu of solutions for organizations with asset recovery issues. Services include auctions, reverse logistics and processing, store closure sales management, turnaround consulting, and retail liquidations of consumer merchandise through 98 outlets across North America. Liquidation World solves asset recovery problems, in a professional manner, for the financial services industry, insurance companies, manufacturers and other organizations. Liquidation World opened its first retail outlet in 1986 and is now the largest liquidator in Canada, with more than 1,600 employees in outlets and offices across Canada and the United States
For more information, please contact:
Mr. Darren Gillespie, Senior Executive Vice President & Co-C.E.O.
E-mail: darreng@liquidationworld.com
Website: www.liquidationworld.com
Telephone (604) 589-7111, ext. 223
Fax: (604) 583-2255
Mr. Andrew Searby, C.A. Chief Financial Officer
E-mail: investorinfo@liquidationworld.com
Website: www.liquidationworld.com
Telephone (403) 250-1222
Fax: (403) 291-1306