POST FALLS, Idaho--(BUSINESS WIRE)--Command Center, Inc. (Pink Sheets:CCNI - News), an emerging provider of on-demand, reliable labor solutions, today announced revenue of $4.39 million for the five-week reporting period of December 2009. The company recorded average weekly revenue of $1 million for the fourth quarter and for the entire year.
Revenue for the 50 company-owned stores in December ’09 was down from the $4.76 million recorded by the 57 company-owned stores in December ’08. However, average weekly revenue per branch open in December ’09 was up five percent over the average weekly revenue per branch open in December ’08. Command recorded revenue of approximately $13.16 million in the fourth quarter of 2009 versus $16.34 million in the fourth quarter of 2008.
“Business has maintained its momentum through the final quarter of 2009,” said Command’s Chairman and CEO, Glenn Welstad, “even though the holiday period has been historically weak. We are pleased that sales in the fourth quarter remained at essentially the same level as the $13.17 million recorded in the warmer weather months of the third quarter.”
Mr. Welstad added, “The size and scope of our client base continue to expand as we attract the business of larger companies that have come to us because of our reputation for superb customer service. This gives us the confidence that 2010 can be a breakaway year for the company in terms of improved revenue and profit growth.”
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.