August 22, 2017 9:14 PM ET

Multiline Retail

Company Overview of 99 Cents only Stores LLC

Company Overview

99 Cents Only Stores LLC operates retail stores in the United States. Its stores offer consumable products and other household items, and seasonal items, as well as domestic and imported fresh produce, deli, dairy, and frozen and refrigerated food products. As of April 25, 2017, the company operated 391 stores located in California, Texas, Arizona, and Nevada. It also engages in the wholesale of merchandise to retailers, distributors, and exporters. The company was founded in 1965 and is based in City of Commerce, California. 99 Cents Only Stores LLC is a subsidiary of Number Holdings, Inc.

4000 Union Pacific Avenue

City Of Commerce, CA 90023

United States

Founded in 1965

17,200 Employees

Phone:

323-980-8145

Key Executives for 99 Cents only Stores LLC

Chief Executive Officer, President and Director
Age: 66
Chief Financial Officer and Treasurer
Age: 53
Chief Merchandising Officer
Age: 56
Senior Vice President of Logistics
Compensation as of Fiscal Year 2017.

99 Cents only Stores LLC Key Developments

99 Cents only Stores LLC Presents at NRF Protect 2017 Loss Prevention Conference & EXPO, Jun-26-2017

99 Cents only Stores LLC Presents at NRF Protect 2017 Loss Prevention Conference & EXPO, Jun-26-2017 . Venue: Gaylord National Harbor Hotel, Washington, United States.

99 Cents Only Stores LLC Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 28, 2017; Reiterates Earnings Guidance for the Year 2018

99 Cents Only Stores LLC reported unaudited consolidated earnings results for the first quarter ended April 28, 2017. For the quarter, the company reported total sales were $547,512,000 against $512,929,000 reported last year. Operating income was $8,602,000 against operating loss $8,262,000 reported last year. Loss before provision for income taxes was $8,738,000 against $25,121,000 reported last year. Net loss was $8,753,000 against $25,194,000 reported last year. Net cash provided by operating activities was $4,458,000 against $25,570,000 reported last year. Purchases of property and equipment were $7,367,000 against $13,373,000 reported last year. EBITDA was $25,979,000 against $8,142,000 reported last year. Adjusted EBITDA was $16,274,000 against $13,308,000 reported last year. The company is reiterating the following previously issued outlook for fiscal 2018: Positive same-store sales growth; Year-over-year decrease in net loss and an increase in adjusted EBITDA over the same period; 3 new store openings, all in the second half of the year; and capital expenditures of approximately $53 million to $58 million.

99 Cents only Stores LLC to Report Q1, 2018 Results on Jun 08, 2017

99 Cents only Stores LLC announced that they will report Q1, 2018 results Pre-Market on Jun 08, 2017

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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