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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.