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Liquidation World Inc.

04:01 PM EST - Liquidation World Inc. : announced that its first-quarter loss and comprehensive loss was $809,000 compared to net income of $112,000 in the year-ago quarter. On a per share basis, the loss was $0.10, compared to $0.02 in the year ago quarter. Net loss from continuing operations for the quarter was $800,000 or $0.10 per share, compared to net income of $1.5 million or $0.19 per share in the year ago quarter. Revenue from continuing operations for the quarter decreased 12.3 per cent to $47.1 million from $52.8 million in the year-ago quarter. Same-store sales during the quarter decreased 4.3 per cent. Liquidation World Inc. shares T.LQW are trading even at $0.90.