Cost Plus Inc. (CPWM) reported fourth quarter earnings from continuing operations of $1.56 per share, compared to $1.24 per share last year. The consensus estimate was for EPS of $1.50. The company expects to report a first quarter loss from continuing operations of $0.07 to $0.03 per share, compared to the consensus estimate of a loss of $0.09. The stock is now up 0.85 on 10K shares.
Cost Plus climbed during the first hour of trade Thursday, but settled into a range for the remainder of the session. The stock closed up by 0.45 at $16.02 on above average volume. Cost Plus rose past resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.