Cost Plus, Inc. Announces April Same Store Sales Down 13.8%.OAKLAND, Calif.--(BUSINESS WIRE)--May 9, 1996--Cost Plus, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CPWM CPWM Certified Public Works Manager (New Jersey state license) CPWM Controlled Pulsewidth Modulation ) announced today that its same store sales Same Store Sales A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of for the four-week period ended May 4, 1996, decreased 13.8% from the same four-week period in 1995 reflecting the previously reported effect of the earlier Easter holiday in 1996. Year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. same store sales for the thirteen-week period ended May 4, 1996, increased 4.7% compared to a 4.2% increase for the same quarter last year. Total sales for the four-week period ended May 4, 1996, were $10.7 million, the same as the four-week period ended May 6, 1995, reflecting the impact of the earlier Easter. Year-to-date, total sales for the thirteen-week period ended May 4, 1996 were $39.1 million, a 20.8% increase from the $32.4 million for the thirteen-week period ended May 6, 1995. As of May 4, 1996, the company operated 50 stores compared to 43 stores as of May 6, 1995. Cost Plus is a leading retailer of casual home living and entertaining products. The company operates 50 stores under the name "Cost Plus World Market" in nine Western states and Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. . CONTACT: Cost Plus, Inc., Oakland Alan E. Zimtbaum, 510/893-7300 ext. 3006 |
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