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Liquidation World Inc.

10:00 AM EST - Liquidation World Inc. : reported that its fourth-quarter net loss and comprehensive loss were $3.39 million, compared to a loss of $2.71 million in the same quarter last year. On a per share basis, loss was $0.21, compared to a loss of $0.33 in the year ago period. Revenues for the quarter were $35.56 million, compared to $43.56 million in the prior-year quarter. For fiscal 2009, the company announced that its net loss and comprehensive loss was $17.58 million, compared to a loss of $11.34 million for the prior year. On a per share basis, loss was $1.32, compared to a loss of $1.37 in the previous year. Revenues for the year were $157.81 million, compared to $182.34 million in last year. Same store sales in fiscal 2009 decreased 7.1% as compared to fiscal 2008. Liquidation World Inc. shares T.LQW are trading even at $0.73.