POST FALLS, Idaho--(BUSINESS WIRE)--Command Center, Inc. (OTCBB: CCNIE - News), an emerging provider of on-demand, reliable labor solutions, today announced revenue of $4.26 million for the four-week reporting period of November 2009. The company has now recorded ten consecutive weeks of revenue exceeding $1 million.
Revenue for the 49 company-owned stores in November ’09 was down from the $5.1 million recorded by the 61 company-owned stores in November ’08. However, average weekly revenue per branch open in November ’09 was up four percent over the average weekly revenue per branch open in the comparable period last year.
“We are extremely pleased with this string of million dollar weeks,” said Command’s Chairman and CEO, Glenn Welstad, “particularly when they are continuing well into the fourth quarter, which is historically a softer revenue period for the company. Local branch activity remains brisk, and we believe that opportunities in areas such as national account work, event management and disaster relief will help bolster core sales. We remain optimistic about revenue and profit growth in 2010 and beyond.”
Mr. Welstad added that Command had recorded revenue of approximately $13.23 million in the third quarter of 2009, and that the company would file its Form 10Q for the quarter before year-end. The delay in filing the 10Q, he said, was caused by a change in accounting staff personnel toward the end of the third quarter.
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