Alco Stores (ALCS) Swings to Q4 Loss
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ALCO Stores, Inc. Reports Operating Results for Fourth Quarter and Fiscal Year Ended February 2, 2014
May 5, 2014 4:15 PM EDTCOPPELL, Texas, May 5, 2014 (GLOBE NEWSWIRE) -- ALCO Stores, Inc. (Nasdaq: ALCS), which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced operating results for its fourth quarter and fiscal year ended February 2, 2014.
Net sales from continuing operations during the fourth quarter of fiscal 2014 (13 weeks) decreased 8.9% to $130.9 million, compared to $143.6 million in the fourth quarter of fiscal 2013 (14 weeks). Excluding the 14th week of the fiscal 2013 quarter, net sales from continuing operations decreased 4.7%. Same-store sales, excluding fuel centers, decreased 11.7% to $124.8 million during the fourth quarter of fiscal... More
