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CommandCenterAnnounces 2011 Results

CommandCenterAnnounces 2011 Results

Revenue Up 18% to $81.92 Million as Company Reports First Profitable Year

Command Center, Inc a national provider of on-demand and temporary staffing solutions, today announced revenue of $81.92 million for the 52-week period ended December 30, 2011, an 18% increase on revenue of $69.44 million for the 53-week period ended December 31, 2010.

The company reported net income in 2011 of $853,903, or $.02 per basic and $.01 per diluted weighted average common share outstanding, as compared with a net loss of $1.56 million, or ($.03) per basic and diluted weighted average common share outstanding in the prior year. There were 51 branch stores operating in 23 states at the end of 2011 versus 50 stores at 2010 fiscal year end.

Commenting on the first profitable year in Command Center’s history, Chairman and CEO, Glenn Welstad said, “We were successful in taking advantage of newer market opportunities and in expanding our services across a broader spectrum. Just as these activities had such a positive impact on sales and should be important factors in our revenue growth going forward, I am equally pleased with management’s ability during 2011 to control costs and improve our balance sheet. In 2011, we substantially reduced our debt and increased shareholders’ equity.”

Mr. Welstad said SG&A expenses were “well managed” in 2011 and decreased slightly as a percentage of revenue to 21.1% from 21.6% in 2010. He also noted that gross profit margin, which had decreased to 22.8% in 2011 from 24.7% in 2010, resulted from increased wages and related payroll taxes paid to Field Team Members, and to competitive pressure to accept work at lower margins for larger accounts. “We have made important adjustments coming into the current year and expect margins to improve in 2012.”

Mr. Welstad concluded that the company is now well-positioned to accelerate both sales and profitability through organic growth and strategic acquisitions. “Our target markets will include locations that we believe are underserved by competitors, as well as areas where there is a growing need for Command’s services. We are confident that the opportunities for on-demand staffing will continue to improve in the current economic environment.”

Investors can access the company’s 2011 annual report on Form 10-K at , or by visiting the investor relations section of the Command Center website at .

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 . Information on the company’s Bakken Staffing division can be found at .


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