UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) |
May 7, 2008 |
Appliance Recycling Centers of America, Inc.
(Exact name of registrant as specified in its charter)
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Minnesota |
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000-19621 |
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41-1454591 |
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(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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of incorporation) |
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File Number) |
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Identification No.) |
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7400 Excelsior Blvd., Minneapolis, MN |
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55426-4517 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code |
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(952) 930-9000 |
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02: RESULTS OF OPERATIONS AND FINANCIAL CONDITION
The following information is furnished pursuant to Item 12, “Disclosure of Results of Operations and Financial Condition.”
On May 7, 2008, Appliance Recycling Centers of America, Inc. issued a press release announcing reported results for the first quarter ended March 29, 2008. Total revenue for the first quarter of 2008 increased 29% to $25.8 million, from $19.9 million in the first quarter of 2007. ARCA also reported net income of $117,000 or $0.03 per diluted share for this period, compared to the net loss of $472,000 or $0.11 per share in the first quarter of 2007.
ITEM 9.01: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
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Exhibit |
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Number |
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Description |
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99.1 |
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Press Release dated May 7, 2008. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
APPLIANCE RECYCLING CENTERS OF AMERICA, INC.
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Date: May 7, 2008 |
/s/Patrick J. Winters |
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Patrick J. Winters, Controller |
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