Command Center Announces November Revenue Up 38% To $8.34 Million
Command Center, Inc. (OTCQB:CCNI) ( http://www.otcmarkets.com/stock/CCNI/quote), a national provider of on-demand and temporary staffing solutions, today announced revenue of $8.34 million for the four-week reporting period of November 2012, an increase of 38% on revenue of $6.05 million for the four-week reporting period of November 2011. There were 59 company-owned stores in November, as compared with 52 stores one year ago.
Year-to-date, Command Center has recorded revenue of $89.53 million through November 23, 2012, an increase of 19.3% on revenue of $75.06 million in the comparable year-ago period.
Although the monthly fiscal period included the historically reduced revenue of Thanksgiving week, the company said total branch office revenue in November was enhanced by the revenue generated from disaster relief activities in New York and New Jersey following Hurricane Sandy. Command Center continues to be actively involved in assisting the disaster stricken communities with recovery efforts, dispatching 200-500 workers each day, six or seven days every week.
During the month, Command Center opened a new branch office, its second in the Phoenix area, to focus primarily on the placement of both permanent and temporary personnel in the construction trades. The company also moved its corporate offices to 3901 N. Schreiber Way, Coeur D'Alene ID 83815.According to Command Center’s Chairman and CEO, Glenn Welstad, “Expansion over the past year into new areas like disaster relief has provided the catalyst for greater stability in our revenue growth, particularly coming into the current quarter. And the opening of the new Phoenix construction trades office points to our continued focus on identifying and taking advantage of niche market opportunities. We look forward to strong fourth quarter results and a record year in 2013.” About Command Center, Inc. The company provides flexible 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 such as emergency and disaster relief projects. Additional information on Command Center is available at www.commandonline.com. Information on the company’s Bakken Staffing division can be found at www.bakkenstaffing.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 10-K filed with the Securities and Exchange Commission on April 9, 2012 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.
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