Cost Plus Shares Rise After Topping Earnings

Shares of Cost Plus (NASDAQ:CPWM) increased 12.5% after releasing earnings late Thursday.The company reported Q4 EPS of $1.56, better than analyst estimates of $1.50 per share. Revenues for the quarter rose 6.7% year-over-year to $364.30 million, better than consensus estimates of $361.81 million.Cost Plus is currently above its 50-day moving average (MA) of $13.92 and above its 200-day of $9.72.

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