Cost Plus, Inc. Announces April Same Store Sales Up 14.9%; First Quarter Same Store Sales Up 6.1%.OAKLAND, Calif.--(BUSINESS WIRE)--May 7, 1998--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 2, 1998 increased 14.9% from the same four-week period in 1997. For the fiscal 1998 March/April Easter season The new liturgical calendar of the Roman Catholic Church, which took effect in 1970 following its earlier approval by the Second Vatican Council changed the "Sundays after , same store sales increased 6.4% over the prior year. Same store sales for the first quarter ended May 2, 1998 increased 6.1%. Total sales for the four-week period ended May 2, 1998 were $18.0 million, a 27.7% increase from $14.1 million, for the four-week period ended May 3, 1997. Year-to-date, total sales for the first quarter ended May 2, 1998 were $56.8 million, a 17.1% increase from $48.5 million, for the first quarter ended May 3, 1997. On May 2, 1998, the Company opened its first new store of the fiscal year in Brentwood, Missouri, a St. Louis suburb, four weeks earlier than originally planned. As of May 2, 1998, the Company operated 71 stores compared to 60 stores as of May 3, 1997. Cost Plus is a leading specialty retailer of casual home living and entertaining products. The Company operates 71 stores under the name "Cost Plus World Market" in 13 states. CONTACT: Cost Plus World Market Murray Dashe, 510/893-7300 ext. 3011 Pat Saucy sauc·y adj. sauc·i·er, sauc·i·est 1. a. Impertinent or disrespectful. b. Impertinent in an entertaining way; impossible to repress or control. 2. , 510/893-7300 ext. 3071 |
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