Cost Plus, Inc. Announces September Same Store Sales Up 6.1%.OAKLAND, Calif.--(BUSINESS WIRE)--Oct. 8, 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 both the five-week and year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. periods ended October 3, 1998 increased 6.1% from the comparable periods in 1997. Total sales for the September period were $25.1 million, a 23.0% increase from $20.4 million for the five-week period ended October 4, 1997. Year-to-date, total sales for the thirty-five weeks ended October 3, 1998 were $159.3 million, a 20.2% increase from $132.5 million for the same period last year. During September, the Company opened three new stores: a second store in the Austin, Texas market; a store in Santa Cruz, California Santa Cruz is the county seat and largest city of Santa Cruz County, California, United States. As of the 2000 U.S. Census, Santa Cruz had a total population of 54,593. ; and its third Sacramento, California “Sacramento” redirects here. For other uses, see Sacramento (disambiguation). Sacramento is the capital of the State of California and the county seat of Sacramento County. area store. The Sacramento store opening was accelerated from the fourth quarter to take advantage of local market conditions. Cost Plus, Inc. is a leading specialty retailer of casual home living and entertaining products. As of October 3, 1998, the Company operated 82 stores in 15 states, compared to 67 stores as of October 4, 1997. |
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