Cost Plus (CPWM) Reports Inline Q4 EPS of $1.24; Guides Q1, FY11

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Cost Plus Inc. (NASDAQ: CPWM) reported Q4 EPS of $1.24, inline with the analyst estimate of $1.24. Revenue for the quarter came in at $341.6 million versus the consensus estimate of $341.6 million.

Sees Q1 2011 loss of 22-28 cents per share, versus estimate of loss of 27 cents. Sees Q1 2011 revenue of $196-$200 million, versus the consensus of $195 million.
Sees Q1 Comps up 4-6 percent.

Sees FY11 comp up 4-5%, and EPS of 45-55 cents per share. See sales $946-$956 million, vs. the consensus of $917.70 million.

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