QC Holdings, Inc. (NASDAQ: QCCO) announced that it will release its
financial results for the three and nine months ended September 30, 2008
prior to the opening of the markets on Thursday, November 6, 2008, and
will discuss its results on a conference call on November 6, at 2:00
p.m. EST. Stockholders and other interested parties are invited to
listen online at www.qcholdings.com
or dial 866-770-7125, passcode 81241000. 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 December 6, 2008. The
replay can also be accessed by telephone until November 13, 2008, at
888-286-8010, code 80885409.
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 September 30, 2008. With more than 24 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.
QC Holdings, Inc.
Investor Relations Contact:
Douglas
E. Nickerson, 913-234-5154
Chief Financial Officer
or
Media
Contact:
Tom Linafelt, 913-234-5237
Director –
Corporate Communications