Command Center Announces February Revenue Up 11.0% to $6.25 Million
COEUR D'ALENE, Idaho--(BUSINESS WIRE)-- Command Center, Inc. (OTCQB:CCNI) (http://www.otcmarkets.com/stock/CCNI/quote), a national provider of on-demand and temporary staffing solutions, today announced revenue of $6.25 million for the four-week reporting period of February 2013 compared to $5.63 million for the comparable reporting period of February 2012. February 2013 revenue growth of 11.0% was achieved through the company’s core operations in 58 company-owned stores as compared to 52 stores one year ago.
During the month, Command Center temporarily closed one store due to weak seasonal demand, while adding one in Odessa, Texas, which is in the midst of the Permian Basin oil and gas development fields.
Todd Welstad, Chief Operating Officer, stated, “Our teams are executing well. In January, we reported revenue growth of 7.7% as compared to the same period last year. Our February revenue growth improved to 11.0% as compared to the same period last year. Our plan for 2013, shared by our newly appointed CEO, Frederick “Bubba” Sandford, is to continue to deliver top line strong revenue growth while diligently monitoring our operations to deliver continued improvement in profitability.”
About Command Center, Inc.
The company provides flexible 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 such as emergency and disaster relief projects. In 2012, the company provided employment for 35,500 Field Team Members who worked 5.5 million hours for over 3,400 clients. Additional information on Command Center is available at www.commandonline.com. Information on the company’s Bakken Staffing division can be found at www.bakkenstaffing.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 10-K filed with the Securities and Exchange Commission on April 9, 2012, 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.
Command Center, Inc.
Dan Jackson, 208-773-7450 ext. 4239
KEYWORDS: United States North America Idaho