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Non-Tech : LABOR READY (LWR) THE NEXT MANPOWER. -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (335)9/8/1998 11:31:00 PM
From: Jenna  Read Replies (1) | Respond to of 455
 
LBOR is not a dog stock. LBOR was the #1 performing stock in 1997. This quarter's growth rate is estimated to be 116.67%. I've had this one over a year in 1997. It has one of the highest growth rate of any stock out there which is 40 % per year.

TACOMA, Wash., Sept 1 (Reuters) - Labor Ready Inc., a
provider of temporary manual labor, said Tuesday that revenues for the four weeks ended August 28 increased 87 percent to a record $60.3 million from $32.3 million in August 1997.

Labor Ready's year-to-date revenue for the 34 weeks ended August 28 rose to a record $352.2 million from $188.5 million a year earlier.

Labor Ready had 483 offices as of August 28, up from 308 offices a year ago.

Labor Ready reported the revenue growth in August continued the pattern of being evenly distributed around the country. The states with the largest volume of sales were California, Texas,
Washington, Ohio, Michigan and Florida, the company said in a statement.