Welcome, Investors99¢ Only Stores is an extreme value retailer of primarily name-brand consumable general merchandise, where nothing is over 99¢, ever! From our first store opening in 1982, our chain of 99¢ Only Stores has expanded to 251 stores as of March 31 2007; 177 in California (70.5%), 41 in Texas (16.3%), 22 in Arizona (8.8%), and 11 in Nevada (4.3%). For fiscal 2007, the stores that were open for a full year averaged 22,000 square feet and generated average net sales per estimated sellable square foot of $254, which are among the highest in the deep-discount industry. The average net sales per store was $4.4 million. For fiscal 2007, total sales were over $1.1 billion. Our stores are attractively merchandised, clean, full service "destination" locations that offer customers significant value on their everyday household needs in an exciting shopping environment. Merchandise encompasses a wide array of name-brand closeout and regularly available consumable products including food and beverages such as: produce, deli, and other basic grocery items, health and beauty care, and household supplies.
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