Gottschalks (GOT) Feb Comps Down 9.5%

Gottschalks Inc. (NYSE: GOT) said same store sales for the month of February decreased 9.5% from the prior year. Total sales for the month decreased 11.5% to $37.7 million.

Jim Famalette, chairman and chief executive officer of Gottschalks said, "Our February sales results reflect persistent weak economic conditions as well as our planned reduction in inventory levels."

You May Also Be Interested In

• RETRANSMISSION: Gold Runner Exploration Samples Up To 25,306 Grams per Ton Silver With 11.22 Grams per Ton Gold For a Gold Equivalent of 12.7 Ounces per Ton in New 350 Meter Gold Stack Trend on the 10
• Tredegar CEO to take direct control of Bonnell after GM departs
• Gold Runner Exploration Samples up to 25,306 Grams per Ton Silver with 11.22 Grams per Ton Gold for a Gold Equivalent of 12.7 Ounces per Ton in New 350 Meter Gold Stack Trend on the 100% Controlled Go