99 Cents Only Stores (NDN) posted a second quarter profit of $9.6 million or $0.14 per share, compared to a loss of $9.4 million or $0.13 per share in the prior year period.
On average, 12 analysts polled by Thomson Reuters expected the company to report earnings of $0.08 per share. Analysts' estimates typically exclude special items.
Net consolidated sales for the second quarter were $324.7 million, compared to $317.8 million in the year-ago period. Same-store sales for the second quarter of fiscal 2010 increased 2.3%.
Ten Wall Street analysts expected revenues of $323.82 million for the quarter.
Looking forward, for the third quarter of fiscal 2010, the company expects positive same-store sales in the low single digits.
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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.