Market Watch for Cost Plus Inc. Issued by StockPreacher
March 29 2010 - 6:50AM
StockPreacher.com announces an investment report featuring Cost
Plus Inc. (Nasdaq:CPWM). The report includes financial, comparative
and investment analyses, and industry information you need to know
to make an educated investment decision.
The full report is available at:
http://www.stockpreacher.com/n/CPWM
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Cost Plus Inc. (CPWM) is a specialty retailer of casual home
furnishings and entertaining products in the United States. As of
January 31, 2009, the Company operated 296 stores under the name
World Market, Cost Plus World Market, Cost Plus Imports and World
Market Stores in 33 states. The Company's products are proprietary
or private label, often incorporating the Company's own designs,
World Market brand name, quality standards and specifications, and
are not available at department stores or other specialty
retailers. During the fiscal year ended January 31, 2009 (fiscal
2009), the Company opened a total of 15 new stores, including 12 in
the existing markets of Palm Desert, California; Houston, Texas;
Lubbock, Texas; Nashville, Tennessee; Naples, Florida; Phoenix,
Arizona; DC Area, Virginia; Columbia, South Carolina; Chicago,
Illinois; and three in the new markets of Flagstaff, Arizona; Palm
Beach, Florida; and Panama City, Florida.
Message Board Search for CPWM:
http://www.boardcentral.com/boards/CPWM
In the report, the analyst notes:
"Net sales for the fourth quarter ended January 30, 2010, were
$320.0 million, a 4.6% decrease from the $335.4 million in net
sales for the fourth quarter ended January 31, 2009. Same store
sales for the fourth quarter decreased 2.5% compared to a 6.1%
decrease last year. As previously announced, same store sales for
the nine week holiday period increased 0.3%.
"The Company recently said it expects an important performance
measure to grow in the first fiscal quarter as sales climb slightly
and that it expects sales in locations open at least a year to grow
between 3% and 5% for the three-month period that began January 31,
2010."
To read the entire report visit:
http://www.stockpreacher.com/n/CPWM
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