Hope you're still holding on. CPWM did drop-but on very light volume. That's a good sign. Now back to 34-not bad.
Cost Plus, Inc. Announces November Same Store Sales Up 6.9%
December 4, 1997 08:48 AM
OAKLAND, Calif.--(BUSINESS WIRE)--Dec. 4, 1997--Cost Plus, Inc. CPWM announced today that its same store sales for the four-week period ended November 29, 1997 increased 6.9% from the same four-week period in 1996. Same store sales for the forty-three-week period ended November 29, 1997 also increased 6.9%.
Total sales for the four-week period ended November 29, 1997 were $29.7 million, a 20.7% increase from $24.6 million, for the four-week period ended November 30, 1996. Year-to-date, total sales for the forty-three-week period ended November 29, 1997 were $180.2 million, a 21.1% increase from $148.8 million, for the same period last year.
During November 1997, the Company opened two new stores located in Valencia, California and Sugar Land, Texas. As of November 29, 1997, the Company operated 70 stores compared to 58 stores as of November 30, 1996.
Cost Plus is a leading specialty retailer of casual home living and entertaining products. The Company operates 70 stores under the name "Cost Plus World Market" in 12 states.
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