Live Ventures Incorporated Announces Earnings Results for the Year Ended September 30, 2017; Provides Earnings Guidance for the Fiscal Year 2018
The company provided earnings guidance for the fiscal year 2018. The company expects numbers to further improve in fiscal year 2018 as a result of additional capital expenditures at Marquis Industries, operational improvements and new store openings at Vintage Stock. The company also believes that the financial results from ApplianceSmart, which the company recently entered into an agreement to acquire, will aid in improving fiscal year 2017 results in 2018.