sterlingkuning
14 years ago
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
sterlingkuning
14 years ago
Earnings this week...
Nov 15, 2010 (SmarTrend(R) News Watch via COMTEX) -- Analysts, on average, expect Cost Plus (NASDAQ:CPWM) to report a loss of $0.44 per share on sales of $189 million on November 19, 2010.
For the full year, analysts expect the company to post a loss of $0.60. In the year-ago period, the company reported a loss of $1.00 on sales of $182 million.
In the previous quarter, the company reported a loss of $0.30, topping consensus estimates for a loss of $0.43.
SmarTrend currently has shares of Cost Plus in an Uptrend and issued the Uptrend alert on September 03, 2010 at $3.75. The stock has risen 40.8% since the Uptrend alert was issued.