Sports Resorts (NASDAQ:SPRI)
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Sports Resorts International, Inc. Reports First Quarter 2004
Results
OWOSSO, Mich., May 14 /PRNewswire-FirstCall/ -- Sports Resorts International,
Inc. (the "Company") today reported its operating results for the first
quarter of 2004.
For the quarter ending March 31, 2004, Sports Resorts recorded revenue of
$4,670,000 as compared to revenue of $4,388,000 the same period in 2003. For
the quarter ending March 31, 2004, the Company reported a net loss of $398,000
or $(.01) per share. For the same period in 2003, the Company reported a net
loss of $208,000 or $(0.0) per share.
The Company's 2004 First Quarter Report on Form 10-Q has been filed with the
U.S. Securities and Exchange Commission and is available from the Company upon
request.
Currently, the Company through its wholly-owned subsidiaries, manufacturers and
markets high-quality drop-in bedliners and other truck accessories for the
original equipment manufacturers and automotive aftermarket business and owns
and operates a multi-purpose motor sports facility located near Brainerd, Minn.
Certain statements included in this press release are "forward-looking"
statements, such as those relating to anticipated events or activities. The
Company's performance and financial results could differ materially from those
reflected in the forward-looking statements due to financial, economic,
regulatory and political factors as described in the Company's filings with the
Securities and Exchange Commission. Therefore, current or prospective investors
are cautioned not to place undue reliance on any such forward- looking
statements. The Company does not undertake any obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information or future events.
For further information contact Investor Relations at 989-725-8354.
DATASOURCE: Sports Resorts International, Inc.
CONTACT: Greg Strzynski of Sports Resorts International, Inc.,
+1-989-725-8354
Web Site: http://www.sportsresortsinternational.com/main.html