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99 Cents Only sales and profits increase in Q3; six stores on tap
City of Commerce, Calif. -- 99 Cents Only Stores reported Thursday that profit for the quarter ended Dec. 29 rose 6.5% to $51 million, compared with $47.9 million in the year-ago period.
Total sales increased 8.8% to $35.6 million, from $403.9 million last year. Same-store sales rose 4.3%.
The company said it plans to open six stores during the fourth quarter, with most slated to open in California.
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Alco sales up on strength of seasonal products
ABILENE, Kan — Alco reported that total sales, excluding fuel, increased 26% to $34.8 million for the fiscal five-week period ended Feb. 3, compared with $27.6 million during the four-week period of the prior year. On a same-store basis, excluding fuel, sales increased 21.4% from a year earlier.