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 $8.90 million for the five-week reporting period ended December 28, 2012, representing an increase of 29.7% on revenue of $6.86 million recorded for the five-week reporting period ended December 30, 2011.
The company also said 2012 fourth quarter revenue of $26.68 million improved 31.7% on revenue of $20.27 million in the fourth quarter of 2011. For the just concluded fiscal year, Command reported total revenue of $98.43 million, representing a 20.2% increase on revenue of $81.92 million posted in 2011. At the end of 2012, Command Center operated 59 company-owned locations in 24 states.
“We are very pleased that we have been able to deliver solid year-over-year revenue growth combined with the level of profitability achieved beginning in the second quarter,” said Command’s Chairman and CEO, Glenn Welstad. “At the start of the year, we announced that we expected significant revenue contributions from our rapidly expanding Bakken Staffing business in North Dakota, and from the acquisition of Disaster Recovery Services, in addition to our growing core business. We have met these challenges and are pleased to say that 2012 has been a productive year for our company. While we are pleased with this year’s results, we are also excited about the opportunities that await us 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.
Command Center, Inc.
Dan Jackson, 208-773-7450 ext. 4239