Cost Plus, Inc. Announces March Same Store Sales.OAKLAND, Calif.--(BUSINESS WIRE)--April 9, 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 five-week period ended April 4, 1998 increased 0.2% from the same five-week period in 1997, slightly exceeding the Company's expectations. March sales reflect the effect of a later Easter, resulting in more holiday shopping days falling into April compared to last year. Same store sales for the nine-week period ended April 4, 1998 increased 2.3%. Total sales for the five-week period ended April 4, 1998 were $22.1 million, an 11.1% increase from $19.9 million, for the five-week period ended April 5, 1997. 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 nine-week period ended April 4, 1998 were $38.8 million, a 12.5% increase from $34.5 million, for the nine-week period ended April 5, 1997. As of April 4, 1998, the Company operated 70 stores compared to 60 stores as of April 5, 1997. Cost Plus is a leading specialty retailer of casual home living and entertaining products. The Company operates 70 stores under the name "Cost Plus World Market" in 12 states. CONTACT: Cost Plus, Inc. 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 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion