SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                          ----------------------------

                                    Form 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): July 20, 2004


                              99(CENT) ONLY STORES
               (Exact Name of Registrant as Specified in Charter)



           California                  1-11735                95-2411605
  (State or Other Jurisdiction       (Commission            (IRS Employer
       of Incorporation)             File Number)         Identification No.)


  4000 East Union Pacific Avenue
  City of Commerce,  California                                      90023
  (Address of Principal Executive Offices)                        (Zip Code)


  Registrant's telephone number, including area code:  (323) 980-8145



ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     (c)    Exhibits

            Exhibit No.     Description

            99.1            Press release dated July 20, 2004


ITEM 12. Results of Operations and Financial Condition

     On July 20, 2004, 99 Cents Only Stores (the "Company") issued a press
release announcing its financial results for the quarter ended June 30, 2004.  A
copy of this press release is attached hereto as Exhibit 99.1 and incorporated
herein by reference. The information in this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or
otherwise subject to the liabilities of that Section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, regardless of any general incorporation language
in such a filing.


                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                           99(cent)ONLY STORES



Date:  July 20, 2004                       By:  /S/ ANDREW FARINA
                                           ---------------------------------
                                           Andrew Farina
                                           Chief Financial Officer



                                  EXHIBIT INDEX


Exhibit No.     Description

99.1            Press release dated July 20, 2004