Command Center Inc. News Release (04/24/13)
Command Center Inc. today announced revenue of $19.9 million for the first quarter of 2013, a 4.2% increase over revenue of $19.1 million recorded in the first quarter of 2012.
Bubba Sandford, chief executive officer, stated, “First quarter revenues were impacted by several items, including the harsh weather conditions that our North Dakota store locations had to contend with at the start of the year. In addition, we made a strategic decision to focus our sales and retention efforts on accounts that will help us to grow our average company gross margins. As a result, we have put some pressure on our top line growth rate as we continue to emphasize improving gross margins.” Gross margin, as a percentage of revenue, is expected to improve to 25% from the 24.3% reported in the comparable period in 2012.
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