Strong recycling mart lifts Arca's net income
Nov 08, 2011 | 06:20 PM
| Michael Marley
Tags
scrap,
appliance recycling,
Appliance Recycling of America,
Michael Marley
PHILADELPHIA — Appliance Recycling Centers of America Inc. (Arca) said both its appliance recycling operations and its retail appliance stores boosted revenue and earnings in the third quarter ended Oct. 1.
Operating income more than doubled, the Minneapolis-based recycler said, driven primarily by higher revenue from both units. The recycling segment has been the earnings workhorse in the past year or more, while the company ApplianceSmart chain of retail stores has been lagging largely as a result of weak real estate and construction markets, which are associated with....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here