Cost Plus Posts Narrower 1Q Loss As Sales Improve

May 15, 2012  by in UnCategorized   

By Aggregated Content in on May 16, 2012 from http://c.moreover.com/click/here.pl?z6499499699&z=1250249030 Cost Plus Inc. (>> Cost Plus, Inc.) posted a slight loss in its fiscal first quarter, though core results topped expectations as the retailer's customers continued to spend more per visit. Cost Plus operates stores that sell a mix of home furnishings, accessories and gourmet food and wine at discount prices. Its fortunes have improved since its near-extinction during the depths of the financial crisis, when its shares were trading for less than $1 during parts of 2009. Improving results prompted Bed Bath & Beyond Inc. (BBBY) to make a cash tender for Cost Plus valued at about $550

Read Full Article...