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Sportswear & accessories perk up at Gottschalks

06
Jul '06
Regional department store chain Gottschalks Inc announced that same store sales for the month of June 2006 increased 0.3 percent from the prior year.

Total sales for the month increased 0.5 percent to $61.0 million compared to total sales of $60.8 million in June 2005. On a year-to-date basis, same store sales increased 0.2 percent from the same period of fiscal 2005, and total sales increased 0.5 percent to $253.5 million compared to $252.2 million for the same period of fiscal 2005.

Jim Famalette, president and chief executive officer of Gottschalks said, "We experienced good performances from our core merchandise areas during June. The strong results we generated in our best performing areas, including shoes, better sportswear and accessories, helped to offset our home division sales which were below our expectations for the month. At the close of June our inventory in comp stores was even with the comparable period last year."

Gottschalks is a regional department store chain, currently operating 62 department stores and 6 specialty apparel stores in six western states, including California , Washington , Alaska , Oregon , Nevada and Idaho. Gottschalks offers better to moderate brand-name fashion apparel, cosmetics, shoes, accessories and home merchandise.

Gottschalks Inc


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