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Command Center, Inc. (CCNI.OB) Reports 43% Increase in Revenue for August

Command Center, – a leading US provider of on-demand employment solutions in the focus areas of light industry, disaster relief, hospitality, and event services, reported excellent financial data today which demonstrates that the month of August, despite a choppy labor market, has proved eminently navigable by CCNI:

• Revenue up 43% to $5.98M ($4.18M same period in 2009)
• Average Weekly Revenue by Store up 43% across the board, or $29k per store ($20k in 2009)

This is rather astounding revenue growth for a company which added no new company-owned stores to its network of 51 during the interval.

Chairman and CEO of CCNI Glenn Welstad, citing the 27% contribution by national account work to the Company’s revenue stream over the last 12 months, explained that the 35%+ increase in CCNI’s core business in August is largely attributable to increased demand from existing sources like small- to mid-sized companies, as well as the “growing number of national accounts with higher worker volume requirements in multiple locations.”

As a provider of cost-effective employment solutions, CCNI is able to act as a kind of lubricating force in the machinery of the labor market, and in the economy as a whole, helping to fill critical day-to-day gaps in a way which is both highly localized and efficient.

This model also has extremely robust characteristics, irrespective of prevailing market conditions. This is because it offers employers the ability to rectify absenteeism with a single phone call, thus allowing the day’s work to be completed without delay – a service of inestimable value to mid-level managers and shop floor supervisors.

Welstad confidently acknowledged contemporary uncertainties regarding the scope and rate of economic recovery, and promised to meet the challenge head on, noting that CCNI’s services and business model, when correlated with current orders and aggregated customer input, indicate that this trend will continue “for the foreseeable future”.

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