Business & Finance
Business and Finance
Business and Finance
Wed, February 4, 2009
Tue, February 3, 2009 QC Holdings, Inc. Schedules Fourth Quarter and Year-End 2008 Earnings Conference Call
OVERLAND PARK, Kan.--([ BUSINESS WIRE ])--QC Holdings, Inc. (NASDAQ: QCCO) announced that it will release its financial results for the three months and year ended December 31, 2008 prior to the opening of the markets on Thursday, February 12, 2009, and will discuss its results on a conference call on February 12, at 2:00 p.m. EST. Stockholders and other interested parties are invited to listen online at [ www.qcholdings.com ] or dial (866) 202-4683, passcode 37833917. The accompanying slides to the presentation will be available on the QC Web site prior to the conference call. A replay of the audio portion of the presentation will be available online until the close of business on March 12, 2009. The replay can also be accessed by telephone until February 19, 2009, at (888) 286-8010, code 91061220.
About QC Holdings, Inc.
Headquartered in Overland Park, Kansas, QC Holdings, Inc. is a leading provider of payday loans in the United States, operating 585 branches in 24 states at December 31, 2008. With more than 25 years of operating experience in the retail consumer finance industry, the Company entered the payday loan market in 1992 and, since 1998, has grown from 48 branches to 585 branches through a combination of new, or de novo, branches and acquisitions. During fiscal 2007, the Company advanced approximately $1.3 billion to customers through payday loans and reported total revenues of $213.6 million.
Forward Looking Statement Disclaimer:This press release and the conference call referenced above contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the company's current expectations and are subject to a number of risks and uncertainties, which could cause actual results to differ materially from those forward-looking statements. These risks include (1) the increased leverage of the company as a result of the payment of a $48.5 million special cash dividend in December 2007, (2) changes in laws or regulations or governmental interpretations of existing laws and regulations governing consumer protection or payday lending practices, (3) litigation or regulatory action directed towards us or the payday loan industry, (4) volatility in our earnings, primarily as a result of fluctuations in loan loss experience and the rate of growth in, or closures of, branches, (5) negative media reports and public perception of the payday loan industry and the impact on federal and state legislatures and federal and state regulators, (6) changes in our key management personnel, (7) integration risks and costs associated with future acquisitions, and (8) the other risks detailed under Item 1A. "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2007 filed with the Securities and Exchange Commission. QC will not update any forward-looking statements made in this press release or the conference call referenced above to reflect future events or developments.
