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Home > Investors > News Releases > 2004 > Liquidation World Announces a 14% Increase in Second Quarter Revenue
Calgary, April 8, 2004
Liquidation World Inc. (LQW – TSX) announces revenue for the second quarter, the thirteen weeks ended April 4, 2004, totaled $44.2 million, a 14% increase from $38.9 million during the corresponding period in 2003.
On a cumulative basis, revenue for the first two quarters of 2004 totaled $95.5 million, a 9% increase from $88.0 million during the 26 weeks ended April 6, 2003.
Complete financial results of the second quarter of the 2004 fiscal year will be announced in mid-May 2004.
About Liquidation World
Liquidation World 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. Executive Vice President and CFO
E-mail: investorinfo@liquidationworld.com
Website: www.liquidationworld.com
Telephone (403) 250-1222
Fax: (403) 291-1306