Command Center Announces Revenue of $5.98 Million for the Month of August
Revenue and Average Weekly Revenue Per Store Both up 43%
POST FALLS, Idaho, Aug 25, 2010 (BUSINESS WIRE) -- Command Center, Inc. (OTCBB: CCNI), an emerging provider of on-demand, reliable labor solutions, today announced revenue of $5.98 million for the four-week reporting period of August 2010, an increase of 43% over the revenue of $4.18 million recorded in August 2009.
The company said average weekly revenue of $29,294 per store in August '10 was also up 43% on the average weekly revenue of $20,466 for August '09. There were 51 company-owned stores open in both time periods.
"Core business in August was up more than 35% compared to August of last year," said Command's Chairman and CEO, Glenn Welstad. "In addition to a significant pick-up in work orders this year from our typical customer, the small-to-medium-sized business, we have secured a growing number of national accounts with higher worker volume requirements in multiple locations."
Mr. Welstad noted that national account work over the past 12 months has represented 27% of the company's revenue.
"While there is still a lot of uncertainty about the scope and rate of economic recovery," concluded Mr. Welstad, "we continue to see a strong need for Command's services. Based on current orders and input from our customers, we remain optimistic that this trend will continue for the foreseeable future."
About Command Center, Inc.
The Company provides on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, disaster relief, hospitality and event services. 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, 2010 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.
SOURCE: Command Center, Inc.
CONTACT:
INVESTOR RELATIONS: Market Makers Jimmy Caplan, 512-329-9505 jcap@austin.rr.com
Copyright Business Wire 2010
