Labor SMART, Inc. (LTNC) Notches 5th Consecutive Month of Record Sales

Labor SMART, an on-Demand temporary labor provider, today reported record revenues for the month of July 2013, representing the fifth consecutive month where the company has exceeded $1 million in revenues this year.

LTNC posted July 2013 revenues of $1.5 million, an increase of 172 percent from revenues of $583,228 in July 2012.

As of July 2013, year-to-date LTNC’s revenues have risen to $8.1 million, marking an increase of 133 percent compared to revenues of $3.4 million reported for the same prior year period. The company attributes this increase to growth stemming from the addition of new branches in recent months, additional clientele, and the maturing of established branches.

“We are extremely pleased to be reporting another record month for Labor SMART. We are happy to say that the implementation of our strategic growth plan and business model is now starting to pay off,” Ryan Schadel, LTNC’s CEO, stated in the press release. “This is a pivotal time as we are now starting to see increased revenues with better margins from the maturing of branch operations and a diversified customer base that has now surpassed 1,000 clients. We are optimistic that this trend will continue and anticipate more record producing months in 2013.”

For more information, visit www.laborsmart.com

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