PROFILE |
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Pass the buck, then get a penny back. 99 CENTS Only Stores sells closeout and regular general merchandise for 99 cents or less. The company runs about 100 stores in Southern California (and a half-dozen in central California and Las Vegas) that sell name-brand and private-label food and beverages, health and beauty aids, household goods, toys, and other products. The firm intends to take 99 CENTS to Arizona, where it believes there is room for as many as 35 stores. Its Bargain Wholesale unit distributes discounted merchandise to retailers, distributors, and exporters. The Gold family (CEO David is the founder) owns about 40% of the company.
COMPETITION |
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Big Lots, Inc. (BLI)
Kmart Corporation (KM)
Wal-Mart Stores, Inc. (WMT)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 451.90
1-Yr. Sales Growth: 25.5%
Employees: 4,044
Revenue per employee: $111,745.80
KEY PEOPLE |
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David Gold
CEO
Andy Farina
CFO
CONTACT INFO |
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4000 Union Pacific Ave.
City of Commerce, CA 90023
US
Phone: 323-980-8145
Fax: 323-980-8160
Online: Web Site
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