QualityStocks News - Command Center Notches Significant Improvement in November, YTD Sales

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Additional store openings and Hurricane Sandy relief efforts boost company revenues.

We look forward to strong fourth quarter results and a record year in 2013.

QualityStocks would like to highlight Command Center, Inc. The publicly traded company provides on-demand employees for manual and skilled labor for small to mid-sized businesses in the U.S. Industries served include manufacturing, hospitality, construction, and retail.

In the company’s news last week,

Command Center reported significant increases in its November and year-to-date 2012 revenues.

Revenue for the four-week reporting period of November 2012 increased 38 percent to $8.34, as compared to revenue of $6.05 million for the comparable period of 2011.

Year-to-date, Command Center has recorded revenue of $89.53 million, an increase of 19 percent, as compared to $75.06 million in revenues reported for the comparable year-ago period.

Command Center attributes its sales growth to the opening of seven stores in the course of a year, which now stand at 59 company-owned stores vs. 52 stores one year ago.

Revenues were also strengthened by the company’s disaster relief activities in New York and New Jersey in the wake of Hurricane Sandy. Command Center said it continues to be actively involved in assisting the areas’ recovery efforts by dispatching between 200-500 workers each day, for six or seven days every week.

During the month of November, Command Center also opened a new branch office, the second in the Phoenix area, which allows the company to focus primarily on placing personnel in the construction trades.

“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,” Command Center’s chairman and CEO, Glenn Welstad stated in the press release. “We look forward to strong fourth quarter results and a record year in 2013.”

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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