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Last updated on April 17, 2014 at 21:23 EDT

Latest ApplianceSmart Inc. Stories

2012-10-23 11:21:52

MINNEAPOLIS, Oct. 23, 2012 /PRNewswire/ -- ApplianceSmart, Inc., a wholly-owned subsidiary of local Minnesota-based Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI), today announced that the company held a milestone event with the U.S. Environmental Protection Agency's (EPA's) Responsible Appliance Disposal (RAD) Program and ENERGY STAR® at its new Eden Prairie retail store in Minnesota on Monday, October 22, 2012. ApplianceSmart's voluntary participation and...

2012-08-06 10:21:56

MINNEAPOLIS, Aug. 6, 2012 /PRNewswire/ -- Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI) today reported operating results for the second quarter ended June 30, 2012. The Company reported a consolidated operating loss of $0.2 million versus consolidated operating income of $2.3 million in the second quarter of 2011. The Company experienced a 26% decline in volumes generated through energy efficiency programs, resulting in a $2.0 million decline in operating profit compared to...

2012-05-29 10:21:46

MINNEAPOLIS, May 29, 2012 /PRNewswire/ -- Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI) today reported that ApplianceSmart, Inc., a wholly-owned subsidiary, has become a dealer for Samsung Appliances through a partnership with Almo Corporation. Samsung, which is one of the fastest growing home appliance brands in the U.S., will allow ApplianceSmart to expand its service offerings and provide additional affordable appliance options for value-conscious consumers. Bradley Bremer,...

2012-05-07 10:21:31

MINNEAPOLIS, May 7, 2012 /PRNewswire/ -- Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI) today reported operating results for the first quarter ended March 31, 2012. The company reported a consolidated net loss of $66,000 or $0.01 per diluted share versus a consolidated net income of $674,000 or $0.12 per diluted share in the first quarter of 2011. The first quarter near-breakeven results were expected and in line with ARCA's projections based on continuing investments in...

2012-02-27 15:30:00

MINNEAPOLIS, Feb. 27, 2012 /PRNewswire/ -- Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI) today reported record operating results for the fiscal year ended December 31, 2011. Revenues for the fiscal year ended December 31, 2011 ("2011") increased by 17% to $126.7 million compared to $108.2 million for the fiscal year ended January 1, 2011 ("2010"). Operating income for 2011 increased by 136% to $7.2 million compared to $3.1 million in 2010. The increases in revenues and...

2012-02-23 15:30:00

MINNEAPOLIS, Feb. 23, 2012 /PRNewswire/ -- Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI) today reported that the company has leased space to open an ApplianceSmart retail store in Eden Prairie, Minnesota. The 28,000-square-foot location at 14675 Martin Drive is northwest of the intersection of Highway 5 and Mitchell Road. The Eden Prairie store will be the ninth ApplianceSmart in Minnesota and the twenty-first ApplianceSmart store nationally. Edward R. (Jack) Cameron,...