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.
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