(the "Company") (Nasdaq:CULS
) today reported that it successfully
opened its relocated store in St. James. The Company builds
its business through
delivering high-quality U.
marteen martin
Croix. Virgin Islands (2), Netherlands Antilles
(2),
Hawaiian Islands (2), California (1), Guam (2), American Samoa (1),
and Republic of Fiji
(1).S.
Total sales for the four weeks ended February 20, 2005, increased
6. Other risks and
uncertainties
include the Company's small store base; the mix of
geographic and product revenues; relationships
with third parties;
litigation; the Company's ability to maintain existing credit
facilities and
obtain additional credit; business and economic
conditions and growth in various geographic regions;
pricing
pressures; political and regulatory instability in various geographic
regions; and other
risks and uncertainties detailed in the Company's
filings with the SEC.Saint Martin, is the northern
French portion of the Saint Martin/Sint Maarten island, a 37 square-mile island located in the Caribbean
.
martin maarten
First day sales
indicated wide support and appreciation from the local shoppers. Prolonged adverse
occurrences affecting tourism
or air travel, particularly to non-U.antilles subcategories
----Cost-U-Less, Inc.marteen ever
"
Cost
-U-Less currently operates eleven stores in the Caribbean and
Pacific region: U. For the
eight
weeks ended February 20, 2005, same store sales rose 8.7 million, compared to $30. Such statements,
including comparable store sales expectations, trends in or
expectations regarding the Company
's revenue growth, and the Company's
growth plans are all based on currently available operating,
financial, and competitive information and are subject to various
risks and uncertainties that
could cause actual results to differ
materially from historical results or those anticipated, including
that the Company may encounter substantial delays, increased expenses
or loss of potential store
sites due to the complexities, cultural
differences, and local political issues associated with the
regulatory
and permitting processes in the island markets in which the Company
may locate its
stores.neighborly marteen
Croix store from the west end of the island to a
location close to the main trade area in
the center of the island. Additional
information about Cost-U-Less is available at www.Cost-U-Less
Reports February 2005 Sales Results
9% to $32.mutual portion
----Cost-U-Less, Inc.
"Our success over the past
ten years in St. Croix helped launch a
very successful grand opening," said J.S.
Saint Martin
is part of Guadeloupe, an overseas department of France.
1200 37
Business Editors/Retail Writers
BELLEVUE, Wash.S.
(the "Company") (Nasdaq:CULS) today reported an increase of 7.antilles caribbean
Half Dutch and
half French, the island has a European feel paired with a multi-ethnic heritage.
Please re-direct
sites located on or focused on Sint Marteen (the Dutch side) to Regional: Caribbean: Netherlands Antilles:
Sint Maarten category or its subcategories.
ever 1200
Same store
sales for the corresponding period
a year ago are calculated on stores
excluding the Guam market, as the Company's Dededo store was
closed
from December 8, 2002, until October 3, 2003, due to damage resulting
from Supertyphoon
Pongsona that swept through the island of Guam on
December 8, 2002.subcategories 350
S. Additional
information about
Cost-U-Less is available at www.com
This press release contains statements that are forward-looking
.paired sint
Cost-U-Less Reports Successful Opening for Relocated St. Croix Store
The
size of the new store
is 38,000 square feet, a 45% increase in square
footage over the previous store. and local goods
, progressive
merchandising practices, sophisticated distribution capabilities, and
superior customer
service, primarily to island markets.7%.1200 busy
As previously reported, the Company has been in the process
of
relocating its St.costuless. Prolonged adverse occurrences affecting tourism
or air travel
, particularly to non-U.martin smallest
and local goods, progressive
merchandising practices, sophisticated distribution
capabilities, and
superior customer service, primarily to island markets.subcategories sint
Our investment into
the community was highlighted in speeches by
Lieutenant Governor of the U.5 million, compared to
$15.paired excellent
Other risks and
uncertainties include the Company's small store base; the mix of
geographic
and product revenues; relationships with third parties;
litigation; the Company's ability to maintain
existing credit
facilities and obtain additional credit; business and economic
conditions and
growth in various geographic regions; pricing
pressures; political and regulatory instability in
various geographic
regions; and other risks and uncertainties detailed in the Company's
filings
with the SEC. For the corresponding period a year ago, the
Company experienced a same store sales
increase of 15.6% to $16.S.
almost 1200
com
This press release contains statements that are forward
-looking.
These statements are made pursuant to the safe harbor provisions of
the Private Securities
Litigation Reform Act of 1995.neighborly sint
3 million for
the corresponding period a year ago. The Company builds
its business through
delivering high-quality U.
These statements are made pursuant to the safe
harbor provisions of
the Private Securities Litigation Reform Act of 1995.antilles friendship
Business Editors
BELLEVUE, Wash.partitioned 37
Jeffrey Meder, the Company's
President and CEO. Virgin Islands, Vargrave A
.5 million for the corresponding
period a year ago.S. destinations, including
political instability
, armed hostilities, terrorism, natural disasters
or other activity that involves or affects air travel
or the tourism
industry generally, could cause actual results to differ materially
from historical
results or those anticipated.excellent 1200
Croix as scheduled, on Thursday, May
26.S.8% in
same store sales
(stores open a full 13 months), for the four weeks
ended February 20, 2005.7%,
compared to 15
. Virgin Islands (2), Netherlands Antilles (2),
Hawaiian Islands (2), California (1), Guam (2), American
Samoa (1),
and Republic of Fiji (1).smallest dutch
Cost-U-Less currently operates eleven stores in the Caribbean
and
Pacific region: U.marteen maarten
"We significantly increased our store footprint to
present a wide array
of new offerings to the citizens of St. Such statements,
including comparable store sales expectations
, trends in or
expectations regarding the Company's revenue growth, and the Company's
growth plans
are all based on currently available operating,
financial, and competitive information and are subject
to various
risks and uncertainties that could cause actual results to differ
materially from historical
results or those anticipated, including
that the Company may encounter substantial delays, increased
expenses
or loss of potential store sites due to the complexities, cultural
differences, and local
political issues associated with the regulatory
and permitting processes in the island markets in
which the Company
may locate its stores.
antilles smallest
Richards,
and Senators Lorraine Berry and Neville A
.0% for the corresponding period a year ago.costuless.sint dutch
destinations, including
political instability
, armed hostilities, terrorism, natural disasters
or other activity that involves or affects air travel
or the tourism
industry generally, could cause actual results to differ materially
from historical
results or those anticipated. Total sales for the eight weeks ended February 20,
2005, increased
7.martin mutual
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