Scott’s Liquid Gold First Quarter Sales Down 8%

For the first quarter of 2004, household products maker Scott’s Liquid Gold-Inc. reported net sales were $5.2 million, down from $5.7 million in the first quarter of the last year. The company reported a net loss of $350,800 per share, versus a net loss of $416,300 per share in the three months ended March 31, 2003.

“During the quarter the company experienced a small increase in Scott’s Liquid Gold for wood sales but experienced a decrease in our skin care products including the Montagne Jeunesse line of products,” said Mark E. Goldstein, board chairman and chief executive officer. “The loss was primarily due to slower sales of Montagne Jeunesse products in the first quarter of 2004 versus the same period in 2003.”