COST PLUS INC (CPWM)

[sterlingkuning]

Cost Plus, Inc. Reports Q3 2010 Results, Provides Outlook for Q4 2010 and Announces New Five Year Financing Agreement
Cost Plus (MM) (NASDAQ:CPWM)
Intraday Stock Chart
Today : Friday 19 November 2010

Cost Plus, Inc. (NASDAQ:CPWM) today announced financial results for its third quarter ended October 30, 2010 and provided financial guidance for the fourth quarter of fiscal 2010.

Third Quarter 2010 versus Third Quarter 2009 Highlights:

Same store sales increased 8.8%
Customer count increased 11.9% and average ticket decreased 2.8%
Gross profit as a percentage of net sales increased 540 basis points to 30.7%
EBIT loss from continuing operations was $4.8 million, a $14.6 million improvement
Net loss was $8.3 million, a $13.7 million improvement
Non-GAAP EBITDA from continuing operations, as adjusted, was $0.5 million, a $13.0 million improvement