Command Center revenue slips after no disaster relief work

COEUR d'ALENE - Command Center Inc., of Coeur d'Alene, saw fourth-quarter revenues decrease 8 percent to $24.6 million compared with the year-earlier period.

The decline was due to a lack of large-scale disaster relief projects in the quarter, the company said. In the fourth quarter of 2012, the industrial staffing provider had higher revenues because of Hurricane Sandy recovery work on the East Coast.

Net income in the fourth quarter was $1.2 million compared with $556,000 in the year-earlier period.

For all of 2013, revenue totaled $93.7 million, a decline of 5 percent from $98.4 million in 2012. Excluding revenue from disaster recovery work, revenue increased 8 percent in 2013.

"As our fourth-quarter results demonstrate, we operate more profitably without participating in the recovery efforts for major national disasters, and we expect this trend to continue," said President and CEO Bubba Sandford.

Net income increased 89 percent to $2.9 million compared with 2012 at $1.6 million.

"In all, we've achieved the goals we set out in the beginning of 2013, which included solidifying our base in terms of the company and our customers," said Sandford. "As we begin the new fiscal year, we've never been in a stronger financial position or enjoyed a more cohesive team of people working towards commons goals."

Command Center provides staffing primarily in light industrial, hospitality and event services. Through 53 field offices, the company provides employment for nearly 33,000 field team members working for 3,600 clients.

"We see the potential for solid growth across all of our business units, based upon continued increases in same store sales, new offices at selected locations and favorable opportunities for acquisitions," Sandford said.