Kids Quest: Investor Relations -
[Cached Version]
Published on: 5/8/2000
Last Visited: 10/30/2001
Our improved performance for 2000 is the result of our previously announced plan to close under performing centers , institute operational improvements at our existing centers , and continue to grow the company with contracts that provide guaranteed management fees , stated Sue Dunkley , President of New Horizon Kids Quest , Inc..We are very pleased with this year's record performance and will continue to focus on improving operations while aggressively pursuing new business opportunities..
New Horizon Kids Quest , Inc. provides hourly child care at twenty Kids Quest locations in ten states , including three with supervised non-violent video entertainment centers.The company also provides traditional care at ten New Horizon Child Care locations in Boise , Idaho , and has added traditional care at its Mall of America location.The company also operates employee child care centers in Joliet , Illinois , for Empress Casino and the Mobil Oil Company ; in Las Vegas , Nevada , at the Venetian Resort~Casino~Hotel ; and in Morton , Minnesota , at Jackpot Junction Casino Hotel.Additionally , the company has recently added employee child care at its location in Marksville , Louisiana , at Grand Casino Avoyelles.
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We are very pleased with our progress in 2000 , stated Sue Dunkley , President of New Horizon Kids Quest , Inc..The consolidation of our operations in Idaho , coupled with the addition of new hourly and traditional child care centers with guaranteed management fees has resulted in significant improvement over the same period in 1999..Ms. Dunkley continued , We will continue to pursue new business opportunities as evidenced by the opening of our newest hourly child care center and supervised , non-violent video entertainment center at the Ho-Chunk Casino and Bingo on July 1 , 2000 , and our upcoming opening in August of 2000 at Jackpot Junction in Morton , Minnesota..New Horizon Kids Quest , Inc. provides hourly care at twenty Kids Quest locations in ten states , including three with supervised non-violent video entertainment centers.The company also provides traditional child care at ten New Horizon Child Care locations in Boise , Idaho , and has added traditional child care at its Mall of America location.The company also operates employee child care centers in Joliet , Illinois , for Empress Casino and the Mobile Oil Company and in Las Vegas , Nevada , at the Venetian Resort-Casino-Hotel.The company's common stock trades on the Nasdaq SmallCap Market tier of the Nasdaq Stock Market under the symbol KIDQ.The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements.Certain information included in this press release may contain statements that are forward-looking , such as statements relating to plans for future expansion and other business development activities , as well as other capital spending , financial sources , and the effects of regulation and competition.Such forward-looking information involves important risks and uncertainties that could significantly affect future results and , accordingly , such results may differ from those expressed in any forward-looking statement made by or on behalf of the company.
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We are very pleased with our results for the quarter , stated Sue Dunkley , President of New Horizon Kids Quest , Inc..The execution of our plan to close non-productive centers has resulted in a significant improvement in our operating results.Virtually all of our revenue increase for the quarter is reflected in operating income..Ms. Dunkley continued , While consolidating existing operations , we have continued to aggressively pursue new business opportunities as evidenced by our recent opening of an employee child care facility at The Venetian Resort~Casino~Hotel on the Las Vegas strip and our upcoming openings at Jackpot Junction in Morton , Minnesota , and the Ho-Chunk Casino and Bingo in the Wisconsin Dells..
New Horizon Kids Quest , Inc. provides hourly child care at nineteen Kids Quest locations in nine states.The company also provides traditional child care at ten New Horizon Child Care locations in Boise , Idaho , and has added traditional child care at its Mall of America location in Minneapolis.The company also operates employee child care centers in Joliet , Illinois , for Empress Casino and Mobil Oil Company and in Las Vegas , Nevada , at The Venetian Resort~Casino~Hotel.The company's common stock trades on the Nasdaq SmallCap Market tier of the Nasdaq Stock Market under the symbol KIDQ
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements.