Growth in key merchandising areas drive Gottschalks Q4 sales up 3.6%
03 Mar '06
1 min read
Department store chain Gottschalks Inc reported unaudited financial results for the fourth quarter and full year of fiscal 2005.
Net income for the fourth quarter was $8.7 million, or $0.63 per diluted share.
For fiscal 2005, the Company reported net income of $5.4 million, or $0.39 per diluted share.
Gottschalks reported net income from continuing operations for the fourth quarter of fiscal 2005 of $8.5 million, or $0.62 per diluted share, and for the fiscal year net income from continuing operations of $5.6 million, or $0.41 per diluted share.
Gottschalks is a regional department store chain, currently operating 63 department stores and 6 specialty apparel stores in six western states, including California (39), Washington (10), Alaska (6), Oregon (3), Nevada (2) and Idaho (3).
Gottschalks offers better to moderate brand-name fashion apparel, cosmetics, shoes, accessories and home merchandise.