CACHE ELITE INC. (ILUS) RECORDS FIFTH CONSECUTIVE YEAR OF GROWTH IN SALES
January 31 2017 - 10:17AM
InvestorsHub NewsWire
Scottsdale, AZ -- January 31, 2017 -- InvestorsHub NewsWire --
Based on preliminary unaudited figures for 2016, Cache Elite Inc.
(ILUS)
exceeded its top- and bottom-line financial targets in the past
financial year. The strong top-line momentum was driven by
double-digit sales growth in the Scottsdale locations. From a store
perspective, Scottsdale locations sales grew 20% for the full year.
Cache Elite Inc. recorded its fifth consecutive year of growth in
sales at the Scottsdale locations.
As previously announced, the sales growth is projected to
further increase with the addition of its new location in Gilbert,
AZ. Cache Elite, Inc. (ILUS)
will be reporting the unaudited financials in the next two weeks to
the OTC Markets.
ABOUT CACHE ELITE, INC.
Cache Elite, Inc. (OTC
PINK: ILUS) is a forward-thinking retail and service provider.
The Company provides homeowners with the latest in 3D designs,
decorative hardware, stones and all things kitchen. To learn
more about Cache Elite, Inc., please visit our websites at
www.eliteknobs.com www.cachecabinetry.com www.cacheelite.com.
Also follow us on Twitter @cacheelite1.
FORWARD-LOOKING STATEMENTS This press release may contain
forward-looking statements. The words "believe," "expect,"
"should," "intend," "estimate," "projects," variations of such
words and similar expressions identify forward-looking statements,
but their absence does not mean that a statement is not a
forward-looking statement. These forward-looking statements are
based upon the company's current expectations and are subject to a
number of risks, uncertainties and assumptions. The company
undertakes no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to
differ significantly from those expressed or implied by such
forward-looking statements are risks that are detailed in the
company's filings at OTCMarkets.com
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