99-Cent (NDN) Q3 Sales Top Views, Comps Up 8.5%
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99-Cent Only Stores (NYSE: NDN) reports total sales of $403.9 million for the third quarter of fiscal 2012 ended December 31, 2011. This represents an increase of 10.6% over total sales of $365.4 million for the same quarter last year. The Company's total retail sales for the third quarter of fiscal 2012 were $393.3 million, compared to $354.1 million for the same quarter last year.
The Street was looking for revs of $393.6 million.
The Company's overall same-store sales for the third quarter of fiscal 2012 increased 8.5%. The number of same-store-sales transactions increased 5.6% and the average transaction size increased to $9.86 from $9.59.
For the first three quarters of fiscal 2012, total sales were $1,135.3 million, up 8.6%, versus $1,045.4 million in the first three quarters of the prior fiscal year. The Company's overall retail sales in the first three quarters of fiscal 2012 were $1,103.0 million, up 8.8% compared to $1,013.9 million in the first three quarters of the prior fiscal year. Same-store sales for the first three quarters of fiscal 2012 increased 7.1% compared to the same period in the prior fiscal year.
The Street was looking for revs of $393.6 million.
The Company's overall same-store sales for the third quarter of fiscal 2012 increased 8.5%. The number of same-store-sales transactions increased 5.6% and the average transaction size increased to $9.86 from $9.59.
For the first three quarters of fiscal 2012, total sales were $1,135.3 million, up 8.6%, versus $1,045.4 million in the first three quarters of the prior fiscal year. The Company's overall retail sales in the first three quarters of fiscal 2012 were $1,103.0 million, up 8.8% compared to $1,013.9 million in the first three quarters of the prior fiscal year. Same-store sales for the first three quarters of fiscal 2012 increased 7.1% compared to the same period in the prior fiscal year.
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