Duckwall-ALCO (DUCK) Reports Increase in January Same-Store Sales
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Duckwall-ALCO Stores, Inc. (Nasdaq: DUCK) announced that sales from continuing operations for the most recent four weeks ended February 1, 2009 (fiscal month of January) increased 12.9% to $30.0 million compared to $26.6 million in the prior-year month (adjusted for four weeks). Same-store sales increased 5.6% on an adjusted basis.
Sales for the fourth quarter increased 2.0% to $138.5 million compared to the prior year adjusted $135.7 million and same-store sales decreased 3.3%, which is an improvement over the third quarter same-store sales decline of 6.6%. The prior-year fiscal quarter was a fourteen week period. Unadjusted sales for the quarter decreased 3.7% and same-store sales decreased 8.8%.[SM]
Sales for the fourth quarter increased 2.0% to $138.5 million compared to the prior year adjusted $135.7 million and same-store sales decreased 3.3%, which is an improvement over the third quarter same-store sales decline of 6.6%. The prior-year fiscal quarter was a fourteen week period. Unadjusted sales for the quarter decreased 3.7% and same-store sales decreased 8.8%.[SM]
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