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News Releases - 2003
Home > Investors > News Releases > 2003 >Liquidation World Announces Q2 Revenue
Calgary, April 10, 2003
Liquidation World Inc. (LQW – TSX; LIQWF – Nasdaq) announces revenue for the Second Quarter, the thirteen weeks ended April 6, 2003, totaled $38.6 million, an 8% decrease from $42.0 million during the corresponding period in 2002.
On a cumulative basis, revenue for the first two quarters of 2003 totaled $87.7 million, a 2% decrease from $89.6 million during the 26 weeks ended April 7, 2002.
Complete financial results of the second quarter of the 2003 fiscal year will be announced in May 2003.
Liquidation World is a liquidator of consumer merchandise through 94 outlets across North America. The Company conducts Auctions of a diverse range of merchandise and equipment in the Calgary and Edmonton, Alberta markets and through on-site auctions across North America. Liquidation World solves inventory problems, in a professional manner, for banks, receivers, insurance companies, manufacturers and other organizations, and is committed to providing its customers with outstanding value over a broad range of merchandise. Liquidation World opened its first outlet in 1986 and is now the largest liquidator in Canada, with more than 1,600 employees in outlets across Canada and the U.S.
For more information, please contact:
Dale Gillespie, C.E.O.
Andrew Searby, CA, Executive V.P. and Chief Financial Officer
E-mail: investorinfo@liquidationworld.com
Website: www.liquidationworld.com
Telephone: (403) 250-1222
Fax: (403) 291-1306