Published:
Command Center Announces Revenue of $4.52 Million for October
POST FALLS, Idaho - (BUSINESS WIRE) - Command Center, Inc. (OTCBB: CCNI), an emerging provider of on-demand,
reliable labor solutions, today announced revenue of $4.52 million for
the four-week reporting period of October 2009. This represents the best
four-week revenue period for the company in 2009.
The company noted that average weekly revenue of $1.13 million in
October was the highest amount recorded during any month in 2009, and
that October is Command's third straight month of average weekly revenue
exceeding $1 million.
Revenue for the 49 company-owned stores in October '09 was down from the
$6.47 million recorded by the 63 company-owned stores in October '08.
"We are extremely pleased and encouraged by the steady improvement in
weekly and monthly sales," said Command's Chairman and CEO, Glenn
Welstad. "We are seeing the return of many customers who have not used
our services in several months, supporting our belief that we are
beginning to experience the upswing in our sector of the economy.
Command now has a solid base of high-performing stores, and we will be
adding new stores only in those areas of the country where there is
opportunity for immediate and continuing profitability. Expanding our
business activities with large local businesses and national accounts
gives us the advantage of choosing new locations strategically; each new
branch store starts off with greater visibility in the community and
provides a more predictable source of core business."
Mr. Welstad added that Command is being appreciated in the marketplace
as a more diversified company that can service a wider range of needs in
the temporary labor sector, and, as a result, he "expects to increase
the volume of national account business in this fourth quarter and
throughout 2010."
About Command Center, Inc.
The Company provides on-demand employment solutions to businesses in the
United States, primarily in the areas of light industrial, hospitality
and event services, as well as other assignments. Additional information
on Command Center is available at www.commandonline.com.
This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance, and underlying assumptions and
other statements that are other than statements of historical facts.
These statements are subject to uncertainties and risks including, but
not limited to, the severity and duration of the general economic
downturn, the availability of worker's compensation insurance coverage,
the availability of capital and suitable financing for the Company's
activities, the ability to attract, develop and retain qualified store
managers and other personnel, product and service demand and acceptance,
changes in technology, the impact of competition and pricing, government
regulation, and other risks set forth in the Form 10KSB filed with the
Securities and Exchange Commission on April 9, 2009 and in other
statements filed from time to time with the Securities and Exchange
Commission. All such forward-looking statements, whether written or
oral, and whether made by or on behalf of the Company, are expressly
qualified by these cautionary statements and any other cautionary
statements which may accompany the forward-looking statements. In
addition, the Company disclaims any obligation to update any
forward-looking statements to reflect events or circumstances after the
date hereof.
Investor Relations:
Market Makers
Jimmy Caplan, 512-329-9505
jcap@austin.rr.com
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