99¢ Only Stores Updates Earnings Guidance

99¢ Only Stores

updates earnings guidance: Mr. Schiffer, CEO, stated: “We believe that we will exceed our previously announced guidance of achieving a 20% increase in our second quarter Income Before Taxes versus the second quarter of fiscal 2010, and for fiscal 2011, we believe that we will achieve at least 7.5% in Income Before Taxes as a percentage of sales. We look forward to discussing our second quarter operating results in more detail during our earnings conference call on November 3rd.”