Appliance Recycling Centers of America to Report Third Quarter 2009 Results on
Monday, November 9, 2009
MINNEAPOLIS, Oct. 26 /PRNewswire-FirstCall/ -- Appliance Recycling Centers of
America, Inc. (Nasdaq: ARCI) today announced that it will report third quarter
2009 results after the market closes on November 9, 2009.
The Company will hold a conference call at 9:00 a.m. Central Time on Tuesday,
November 10, 2009 to discuss the results for the third quarter. To
participate in the conference call, please dial the following number ten
minutes prior to the scheduled time: 1(800) 757-8521.
A replay of the conference call will be available on the Company's website at
www.arcainc.com.
About ARCA
ARCA (www.arcainc.com) is one of the nation's largest recyclers of major
household appliances for the energy conservation programs of electric
utilities. The Company is also the exclusive North American distributor for
UNTHA Recycling Technology (URT), one of the world's leading manufacturers of
technologically advanced refrigerator recycling systems and recycling
facilities for electrical household appliances and electronic scrap. Through
its ApplianceSmart operation (www.appliancesmart.com), ARCA also is one of the
nation's leading retailers of special-buy household appliances, primarily
those manufactured by Maytag, GE, Frigidaire and Whirlpool. These special-buy
appliances, which include close-outs, factory overruns and scratch-and-dent
units, typically are not integrated into the manufacturer's normal
distribution channel. ApplianceSmart sells these new appliances at a discount
to full retail, offers a 100% money-back guarantee and provides warranties on
parts and labor. As of November 2009, ApplianceSmart was operating 18 factory
outlets: six in the Minneapolis/St. Paul market; one in Rochester, Minn.,
market, four in the Columbus, Ohio, market; five in the Atlanta market; and
two in San Antonio, Texas.
This press release contains statements that are forward-looking statements as
defined within the Private Securities Litigation Reform Act of 1995, including
statements regarding ARCA's future success. These forward-looking statements
are subject to risks and uncertainties that could cause actual results to
differ materially from the statements made, including the risks associated
with general economic conditions, competition in the retail and recycling
industries and regulatory risks. Other factors that could cause operating and
financial results to differ are described in ARCA's periodic reports filed
with the Securities and Exchange Commission. Other risks may be detailed from
time to time in reports to be filed with the SEC.
SOURCE Appliance Recycling Centers of America, Inc.
Edward R. (Jack) Cameron, CEO, or Peter Hausback, EVP and CFO, both of
Appliance Recycling Centers of America, Inc., +1-952-930-9000
