Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

ARCA Reports 2004 Operating Results
Mar 22, 2005
 Printable format
 Email this Article
 Search

Appliance Recycling Centers of America, Inc. (ARCA), a retailer of special-buy household appliances, reported revenues of U.S. $52.8 million for the year ended Jan. 1, 2005, an increase of 21 percent from $43.6 million in 2003. ARCA also reported a net loss of $1.3 million, or $0.48 per share, in 2004, down from the net loss of $1.5 million, or $0.66 per share, in the prior year.

For the fourth quarter of 2004, revenues totaled $13.7 million, up 25 percent from $11.0 million in the comparable period of 2003. ARCA's net loss for this period came to $800,000, or $0.27 per share, compared to the net loss of $291,000, or $0.12 per share, in the fourth quarter of 2003.

The retailer said its 2004 fourth-quarter loss included a net tax benefit of $482,000 as a result of a federal income tax credit for a prior carry back claim, offset by an increase in the deferred tax asset valuation allowance.

Recycling revenues increased 20 percent to $2.6 million in the fourth quarter and 17 percent to $9.4 million for full-year 2004 compared to the prior year periods.

Back to Daily News

 

Daily News

...........................................................

Nov 24, 2014: Husqvarna named exclusive chainsaw provider for Asplundh

Nov 24, 2014: LG garners Innovation Award for Home Appliances

Nov 24, 2014: Survey: 10% of consumers plan big-ticket appliance purchases in the coming year

Nov 24, 2014: 2014 Green Building Standard available from ASHRAE

Nov 24, 2014: Smeg enters small appliance market in the United States

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows