99 Cents Only Stores reported unaudited consolidated earnings results for the second quarter and six months ended September 26, 2009. Net consolidated sales for the second quarter of fiscal 2010 were $324.7 million, a 2.2% increase compared to net sales of $317.8 million for the second quarter of fiscal 2009. Same-store sales for the second quarter of fiscal 2010 increased 2.3% versus the second quarter of fiscal 2009. Consolidated operating income was $15.0 million, compared to an operating loss of $11.8 million in the second quarter of fiscal 2009. Net income for the quarter increased to $9.6 million, or $0.14 per diluted share, compared to a net loss of $9.4 million, or $0.13 per diluted share, for the second quarter of fiscal 2009. Income before provision for income taxes and income attributed to non controlling interest was $15 million against loss before provision for income taxes and income attributed to non controlling interest of $12.5 million reported last year. For the nine months, the company has reported operating income of $30.4 million, income before provision for income taxes and income attributed to non controlling interest of $30 million and net income attributable to company of $19.1 million or $0.28 per diluted share on total sales of $656.8 million compared to operating loss of $13.7 million, loss before provision for income taxes and income attributed to non controlling interest of $12.3 million and net loss attributable to company of $11 million or $0.16 per diluted share on total sales of $622.7 million for the same period last year. Net cash provided by operating activities were $19.8 million against $12.7 million and expenditure on purchases of property and equipment was $18.8 million against $22.2 million reported last year. The company opened a store in California on October 29 2009 and plans to open approximately three additional California stores during the balance of fiscal 2010. For the third quarter of fiscal 2010, the company expects positive same-store sales in the low single digits.

99 Cents Only Stores expected to Report Q3 2010 Results on February 5, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).

99 Cents Only Stores announced the opening of its newest store located in Poway on October 29, 2009 at 8 am. The new store is 20,100 square feet and located at 12369 Poway Road on the southwest corner of Pomerado Road. The City of Poway is located in northeast San Diego County.