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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000897101-03-000205.txt : 20030318
<SEC-HEADER>0000897101-03-000205.hdr.sgml : 20030318
<ACCEPTANCE-DATETIME>20030318170825
ACCESSION NUMBER:		0000897101-03-000205
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030318
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20030318

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN
		CENTRAL INDEX KEY:			0000862861
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700]
		IRS NUMBER:				411454591
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0103

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19621
		FILM NUMBER:		03608119

	BUSINESS ADDRESS:	
		STREET 1:		7400 EXCELSIOR BLVD
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55426-4502
		BUSINESS PHONE:		6129309000

	MAIL ADDRESS:	
		STREET 1:		7400 EXCELSIOR BLVD
		CITY:			NINNEAPOLIS
		STATE:			MN
		ZIP:			554264517
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>arca031343_8k.txt
<DESCRIPTION>APPLIANCE RECYCLING CTRS OF AMER, INC. FORM 8K
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


                         Date of Report: March 18, 2003
                                         --------------
                        (Date of earliest event reported)



                  APPLIANCE RECYCLING CENTERS OF AMERICA, INC.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         MINNESOTA                        000-19621              41-1454591
- -------------------------------          ----------          -------------------
(State or other jurisdiction of          Commission           (I.R.S. Employer
incorporation or organization)            File No.           Identification No.)


         7400 EXCELSIOR BOULEVARD
         MINNEAPOLIS, MN                                         55426-4517
- ----------------------------------------                     -------------------
(Address of principal executive offices)


                                 (952) 930-9000
- --------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)


<PAGE>


Item 5.    Other Events.
- ------     -------------

         On March 11, 2003, Appliance Recycling Centers of America, Inc. issued
a press release announcing that its previously reported net loss of $0.24 per
diluted share for the fourth quarter of 2002 ended December 28 was incorrectly
calculated. The Company's actual net loss for this period was $0.31 per diluted
share. As a result of this change, the Company's net income for 2002 is $0.11
per diluted share, not the previously reported $.10 per diluted share. A copy of
the press release is attached as an exhibit to this filing on Form 8-K.


Item 7(c). Exhibits.
- ---------- --------

99         Press Release dated March 11, 2003, announcing its corrected net loss
           for 2002 fourth quarter.


Date: March 18, 2003                /s/ Linda Koenig
                                    --------------------------------------------
                                    Linda Koenig, Vice President of Finance

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>arca031343_ex-99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                      EXHIBIT 99


[LOGO]
ARCA               Appliance Recycling Centers of America, Inc.
INCORPORATED       7400 Excelsior Boulevard, Minneapolis MN 55426 (952) 930-9000


FOR IMMEDIATE RELEASE                FOR MORE INFORMATION CONTACT:
                                     Edward R. (Jack) Cameron (952) 930-9000
                                     Richard G. Cinquina, Equity Market Partners
                                     (612) 338-0810


              APPLIANCE RECYCLING CENTERS OF AMERICA, INC. REPORTS
                   CORRECTED NET LOSS FOR 2002 FOURTH QUARTER

MARCH 11, 2003--MINNEAPOLIS, MN--Appliance Recycling Centers of America, Inc.
(OTC BB: ARCI) today said that its previously reported net loss of $0.24 per
diluted share for the fourth quarter of 2002 ended December 28 was incorrectly
calculated. The Company's actual net loss for this period was $0.31 per diluted
share. As a result of this change, the Company's net income for 2002 is $0.11
per diluted share, not the previously reported $.10 per diluted share.

ABOUT ARCA

Through its ApplianceSmart (www.ApplianceSmart.com) operation, ARCA is one of
the nation's leading retailers of special-buy household appliances, primarily
those manufactured by Whirlpool Corporation, Maytag Corporation and GE. These
special-buy appliances, which include close-outs, factory overruns and
scratch-and-dent units, typically are not integrated into the manufacturer's
normal distribution channel. ApplianceSmart sells these virtually new appliances
at a discount to full retail, offers a 100% money-back guarantee and provides
warranties on parts and labor. As of February 2003, ApplianceSmart was operating
nine factory outlets: four in the Minneapolis/St. Paul market; three in the
Columbus, Ohio, market; one in the Dayton, Ohio, market; and one in Los Angeles.
ARCA is also one of the nation's largest recyclers of major household appliances
for the energy conservation programs of electric utilities.

                                      # # #

- --------------------------------------------------------------------------------
Statements about ARCA's outlook are forward-looking and involve risks and
uncertainties, including but not limited to: the strength of recycling programs,
the growth of appliance retail sales, the speed at which individual retail
stores reach profitability, and other factors discussed in the Company's filings
with the Securities and Exchange Commission.
- --------------------------------------------------------------------------------

Visit our web site at www.arcainc.com
                      ---------------

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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