ABILENE, Kan., June 7, 2007 (PRIME NEWSWIRE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that its sales from continuing operations for the four weeks ended May 27, 2007 (fiscal month of May) increased approximately 1.9% to $41.5 million compared to $40.7 million in the prior-year month, and flat same-store sales.
Sales year-to-date increased 2.6% to $152.9 million compared to $149.0 million in the prior year, and same-store sales increased .9%.
Investor Conference Call
The Company will host an investor conference call at 3:00 p.m. central daylight time on June 12, 2007, to discuss operating results in greater detail for the quarter ended April 29, 2007. The dial-in number for the conference call is 800-811-0667 (international/local participants dial 913-981-4901), and the Confirmation Code is 7243518. Parties interested in participating in the conference call should dial in approximately five minutes prior to 3:00 p.m. central daylight time. A replay of the call will be available two hours after completion from June 12 through June 26 by dialing 888-203-1112 or for international/local callers by dialing 719-457-0820. The Replay Passcode is 7243518.
About Duckwall-ALCO Stores, Inc.
Duckwall-ALCO Stores, Inc. is a regional retailer that specializes in meeting the needs of smaller, underserved communities throughout the central United States. The Company offers an exceptional selection of fashionable merchandise, quality products and recognized brand names at reasonable prices. Our specialty is delivering those products with the friendly, personal service our customers have come to expect. With 255 stores across 21 states, we are proud to have continually provided excellent products at good value prices to our customers for 106 years. To learn more about Duckwall-ALCO Stores, Inc. visit our website at www.ALCOstores.com.
Forward-looking statements
This press release contains forward-looking statements, as referenced in the Private Securities Litigation Reform Act of 1995 ("the Act"). Any forward-looking statements are made by the Company in good faith, pursuant to the safe-harbor provisions of the Act. These forward-looking statements reflect management's current views and projections regarding economic conditions, retail industry environments and Company performance. Factors, which could significantly change results, include but are not limited to: sales performance, expense levels, competitive activity, interest rates, changes in the Company's financial condition and factors affecting the retail category in general. Additional information regarding these and other factors may be included in the Company's quarterly 10-Q filings and other public documents, copies of which are available from the Company on request.