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Revision History For: ARCI-Appliance Recycling Centers of America

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Return to ARCI-Appliance Recycling Centers of America

The turnaround continues...

ARCI has less then 1% of appliance recycling/resale market, and planning major expansion over next several years.

97Q1 EPS $0.06 vs ($1.75) year ago
97Q2 EPS(e) $0.20 vs ($1.44) " " (my estimates)
97Q3 EPS(e) $0.30 vs ($0.64) " "
97Q4 EPS(e) $0.20 vs ($2.66) " "

Gross margin way up to 48%, highest since 94Q4.
All 4 plants and 14 stores profitable
Same store sales +23% from 96Q1
Total store sales +12% for 14 stores in 97Q1 vs 19 stores in 96Q1
Current ratio rising to 1:1
CEO and founder Edward Cameron owns over 25% of stock

Check it out.