Cost Plus, Inc. Announces October Same Store Sales Up 6.2%.OAKLAND Oakland, city (1990 pop. 372,242), seat of Alameda co., W Calif., on the eastern side of San Francisco Bay; inc. 1852. Together with San Francisco and San Jose, the city comprises the fourth largest metropolitan area in the United States. , Calif.--(BUSINESS WIRE)--Nov. 5, 1998--Cost Plus, Inc. (Nasdaq: 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 October 31, 1998 increased 6.2% from the comparable period in 1997. Same store sales for the third quarter increased 5.5%, while 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 increased 6.1%. Total sales for October were $22.4 million, a 24.4% increase from $18.0 million for the same period last year. Total sales for the third quarter were $66.7 million, a 21.9% increase from $54.7 million for the same quarter last year. Year-to-date, total sales for the thirty-nine weeks ended October 31, 1998 were $181.7 million, a 20.7% increase from $150.5 million for the same period last year. Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products. As of October 31, 1998, the Company operated 82 stores in 15 states, compared to 68 stores as of November 1, 1997. |
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