CPWM: Cost Plus, Inc. Instablogs

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Wednesday, May 16, 2012, 4:16 PM Cost Plus (CPWM): Q1 EPS of $0.01 beats by $0.05. Revenue of $215M (+7.5% Y/Y) beats by $2M. (PR) Comment! [Earnings]
Wednesday, May 9, 2012, 12:46 PM Bed Bath & Beyond's (BBBY -0.4%) didn't sign off on its deal to buy Cost plus (CPWM +21.6%) without some due diligence that pointed to synergies, according to execs. A test of a specialty food department at some Bed Bath & Beyond stores over the last 18 months showed that the in-store stores helped generate traffic and provide a competitive advantage. Comment! [Consumer]
Wednesday, May 9, 2012, 9:09 AM Bed Bath & Beyond (BBBY) acquires Cost Plus (CPWM) in all-cash transaction for $22 a share. The company says the addition will be "slightly" accretive to FY12 earnings. Shares of BBBY -2.2% premarket. Comment! [On the Move, M&A, Consumer]
Thursday, March 22, 2012, 8:00 PM More on Cost Plus (CPWM): Q4 beat Street estimates across-the-board on a jump in sales. Same store sales for the quarter increased 7.6%, largely due to a 3.4% increase in its customer count and a 4.1% jump in the average ticket per customer. Shares +7% AH. Comment! [Consumer, Earnings, On the Move]
Thursday, March 22, 2012, 4:10 PM Cost Plus (CPWM): Q4 EPS of $1.56 beats by $0.06. Revenue of $364M (+6.6% Y/Y) beats by $3M. Shares +3% AH. (PR) Comment! [Earnings, On the Move]
Friday, November 18, 2011, 4:19 PM Cost Plus (CPWM +3.5%) finishes higher after beating Q3 estimates earlier today. Net sales increased 3.7% Y/Y, while same store sales increased 8.8% Y/Y. The company also guided to the high end of estimates for Q4, with sales of $354M - $360M versus analysts' estimates of $355M. Comment! [Consumer, On the Move]
Thursday, August 27, 2009, 4:51 PM Cost Plus (CPWM): Q2 EPS of -$0.90 misses by $0.06. Revenue of $183M (-13%) vs. $186M. Same-store sales down 10.9%. Sees Q3 revenue of $177M-186M vs. $190M. Sees Q3 same-store sales down 6-11%. (PR) Comment!
Wednesday, June 25, 2008, 10:45 AM Pier 1 (PIR) is up 20% after it dropped its offer to acquire rival Cost Plus (CPWM) for $88M in stock. Comment!
Wednesday, June 25, 2008, 6:05 AM Pier 1 Imports (PIR) withdrew its proposal to buy rival Cost Plus (CPWM), saying it was unlikely it could acquire a majority interest at a decent price. Comment!
Monday, June 16, 2008, 10:28 AM Cost Plus (CPWM +1.8%) rebuffs Pier 1 Imports' (PIR +3.4%) $88M buyout offer, calling it "distracting and ill-timed given the difficult retail environment and the progress we have made..." Comment!
Monday, June 9, 2008, 3:17 PM Pier 1 Imports (PIR) falls 22% after offering to acquire Cost Plus (CPWM) for $4 per share, or about $88 million in stock. CPWM is up 9.8% to $3.32. Comment!
Monday, June 9, 2008, 11:47 AM Pier 1 (PIR) has offered $88 million in stock for Cost Plus (CPWM). Shares of Cost Plus are up 18%, while Pier 1's stock is down 10%. Comment!

CPWM Cost Plus, Inc.

CPWM

Cost Plus, Inc.