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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.