| | Business Summary | | 99
Cents
Only
Stores
is
a
deep-discount
retailer
of
primarily
name
brand,
consumable
general
merchandise.
The
Company's
stores
offer
a
wide
assortment
of
regularly
available
consumer
goods,
as
well
as
a
broad
variety
of
first-quality,
closeout
merchandise.
The
Company's
retail
stores
offer
consumer
items
in
staple
product
categories
that
consist
of
food
including
frozen
and
deli
items,
beverages,
health
and
beauty
aids,
household
products
including
cleaning
supplies
and
paper
goods,
housewares
including
glassware
and
kitchen
items,
hardware,
stationary
and
party
goods,
seasonal
goods,
baby
products
and
toys,
giftware,
pet
products
and
clothing.
The
Company
also
sells
merchandise
through
its
Bargain
Wholesale
division
at
prices
generally
below
normal
wholesale
levels
to
local,
regional
and
national
discount,
drug
and
grocery
store
chains
and
independent
retailers,
distributors
and
exporters. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | 99
Cents
Only
Stores
and
its
subsidiaries
are
deep-discount
retailers
of
name-brand,
consumable
general
merchandise
both
on
the
retail
and
wholesale
levels.
NDN
operated
105
stores
as
of
4/01.
For
the
six
months
ended
6/30/01,
net
sales
rose
25%
to
$261.3
million.
Net
income
rose
22%
to
$20.9
million.
Revenues
reflect
additional
sales
from
the
openings
of
new
stores
and
increased
comparable
store
sales.
Earnings
were
partially
offset
by
wage
increases. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Gold, 68
Chairman,
CEO | $168K | Eric Schiffer, 40
Pres,
Director | 121K | Andrew Farina, 54
CFO | 162K | Howard Gold, 41
Sr.
VP of Distribution | -- | Jeff Gold, 33
Sr.
VP of Real Estate and Information Systems | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/n/ndn.gif)