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CHICAGO, IL--(Marketwire - October 5, 2009) - STL Marketing Group (
Revenues for the three months ended June 30, 2009 ("Second Quarter 2009") were $1,695,059.06 compared with $521,271 for the three months ended June 30, 2008 ("Second Quarter 2008"). That is an increase of 225% or $ 1,173,788.06 for the quarter.
Gross Profits for the three months ended June 30, 2009 ("Second Quarter 2009") were $407,272.91 compared with $125,899 for the three months ended June 30, 2008 ("Second Quarter 2008"). That is an increase of 223% or $ 281,373.91 for the quarter.
Net Income for the three months ended June 30, 2009 ("Second Quarter 2009") was $117,524.29 compared with a loss of ($93,376) for the three months ended June 30, 2008 ("Second Quarter 2008"). That is an increase of $ 210,900.29 in Net Profit for the quarter.
CEO Steve St. Louis said, "Our second quarter results are especially important for multiple reasons. We feel like we have turned the corner with our transition, it's the first quarter we have earned over $100,000 in net profits and we are positioned well for continued success. Our stock has a very small float and we are extremely attractive for potential acquisitions and future joint partnerships. We are continuing to evaluate all possible options to improve our overall situation and feel very good about what we have created so far."
About STL Marketing Group
STL Marketing Group is committed to brand movement through Four distinct vehicles: creative and design services, packaging and supply solutions, printing and mailing, and event production and promotion. These core business units allow for supply chain synergy and a one-stop shop approach for clients to achieve their strategic communications objectives. Vertical integration and cross promotion between company sectors allows STL Marketing Group the ability to share key resources, maximize efficiencies, and utilize economies of scale. These components improve buying power for the corporation and increase value for clients and shareholders. STL Marketing Group will utilize a blend of products, services, and relationships to create an extraordinary customer experience and foster unbounded company growth. [ www.STLmarketingGroup.com ]
About St. Louis Packaging
St. Louis packaging has been a distributor for packaging supplies for over 12 years and currently offers over 10,000 quality products from well known and trusted brands like 3M, Sealed Air, Intertape, Rubbermaid, Ivex and many more. St. Louis Packaging also offers inventory management services, along with all custom cartons, bags and displays. [ www.StlouisPackaging.com ]
About STL Graphics Group
STL Graphics group is a print and mailing distributor that offers design support, web, sheet-fed, digital printing and mailing services. [ www.STLgraphicsgroup.com ]
About IMAGE Chicago Magazine
IMAGE Chicago Magazine is an entertainment and lifestyle magazine that focuses on everything in fashion and entertainment for the Windy City. IMAGE provides its readers with the latest on what's hot today and what will be tomorrow. IMAGE features the best in celebrity interviews, editorial content on fitness, fashion, beauty, music, relationships and more, along with some incredible fashion spreads and photo galleries. By using both print and online media IMAGE has created an interactive relationship with its readers and continues to inform and entertain. [ www.ImageChicago.com ]
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.