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Heritage-Crystal Clean, Inc. Announces 2008 Second Quarter Financial Results

ELGIN, Ill., July 23, 2008 (PRIME NEWSWIRE) -- Heritage-Crystal Clean, Inc. (Nasdaq:HCCI), a leading provider of parts cleaning, hazardous and non-hazardous waste services to small and mid-sized customers, today announced results for the second quarter of fiscal year 2008. Second quarter highlights include: * Sales increased 22%, to $24.8 million, compared to $20.4 million in the second quarter of fiscal 2007. For the first half of fiscal 2008, sales increased 21%, to $47.8 million, compared to $39.6 million in the first half of fiscal 2007. * Same-branch sales growth was 19%, measured for the 47 branches which were in operation at the start of the year-ago quarter. * Average sales per working day increased to approximately $420,000, compared to $345,000 in the second quarter of fiscal 2007. * Pro forma EPS (diluted)... [read full story]                    

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