Cost Plus, Inc. Announces April Same Store Sales Up 15.5%.OAKLAND, Calif.--(BUSINESS WIRE)--May 8, 1997--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 3, 1997 increased 15.5% from the same four-week period in 1996. Same store sales for the thirteen-week period ended May 3, 1997 increased 7.9%. Total sales for the four-week period ended May 3, 1997 were $14.1 million, a 31.8% increase from $10.7 million, for the four-week period ended May 4, 1996. Year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. , total sales for the thirteen-week period ended May 3, 1997 were $48.5 million, a 24.0% increase from $39.1 million, for the thirteen-week period ended May 4, 1996. As of May 3, 1997, the Company operated 60 stores compared to 50 stores as of May 4, 1996. Cost Plus is a leading retailer of casual living and home entertaining products. The Company operates 60 stores under the name "Cost Plus World Market" in 11 states. CONTACT: Cost Plus, Inc. Alan Zimtbaum, 510/893-7300 ext. 3006 |
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