DALLAS, March 29, 2010 (GLOBE NEWSWIRE) -- 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
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher
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
See what investors are saying about CPWM at penny stock forum
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly owned by BlueWave Advisors, LLC. StockPreacher.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.