Command Center Inc. (OTCBB: CCNI) a national provider of on-demand and temporary staffing solutions, in the same industry as TrueBlue Inc (NYSE:TBI) or CDI Corp (NYSE:CDI), today announced revenues for the month of February.
Command Center, Inc. (OTCBB: CCNI) (http://www.otcmarkets.com/stock/CCNI/quote) , today announced revenue of $5.08 million for the four-week reporting period of February 2011, a 51% increase on revenue of $3.36 million recorded in February 2010. There were 51 company-owned stores in February, as compared with 50 stores one year ago.
“We are extremely pleased with these results,” said Command’s Chairman and CEO, Glenn Welstad. “Despite harsh weather conditions that normally impact our results in the month of February, we were able to generate better-than-expected numbers due to the outstanding sales efforts of our branch office personnel. February revenue also received an added boost from a large event services contract that Command has serviced for the past five years.”
Mr. Welstad added that he expects revenue growth in 2011 “to increase significantly through strategic acquisitions and the opening of new branch offices in areas of the country where there are immediate needs for workers in response to customer orders. In both cases, management will be focused on opportunities for expansion that serve to maintain or improve margins and profitability.”
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, 2010 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.