EXHIBIT 12
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<CAPTION>
QUALITY STORES, INC.
Schedule Regarding Computation of Ratio (Deficiency) of Earnings to Fixed Charges
(In Thousands, Except Ratio)
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Three Months Ended
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October 28, October 30,
2000 1999
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<S> <C> <C>
Fixed charges:
Interest expense $ 12,880 $ 9,392
Portion of rent expense representing interest 1,453 1,248
-------- --------
14,333 10,640
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Earnings:
Loss before income taxes (13,727) (2,410)
Fixed charges 14,333 10,640
-------- --------
$ 606 $ 8,230
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Deficiency of earnings to fixed charges $(13,727) $ (2,410)
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Nine Months Ended
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October 28, October 30,
2000 1999
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<S> <C> <C>
Fixed charges:
Interest expense $ 35,110 $ 23,946
Portion of rent expense representing interest 4,394 3,453
-------- --------
39,504 27,399
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Earnings:
Income (loss) before income taxes (6,105) 8,262
Fixed charges 39,504 27,399
-------- --------
$ 33,399 $ 35,661
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Ratio (deficiency) of earnings to fixed charges $ (6,105) 1.3 x
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