EX-12 9 exhibit12.htm EXHIBIT 12
ALCO Stores, Inc.
Same-Store Sales and Gross Margin
Thirteen Week Periods ended May 5, 2013 and April 29, 2012
(amounts in thousands except average basket and gross margin percentage)

 
 
Thirteen Week Periods Ended
 
 
 
May 5, 2013
   
April 29, 2012
 
 
 
   
 
Sales
 
$
112,359
   
$
114,896
 
Customer transactions
   
4,493
     
4,873
 
Average basket
 
$
25.01
   
$
23.58
 
 
               
 
               
Gross Margin
 
$
33,302
   
$
34,371
 
Gross margin percentage
   
29.2
%
   
29.5
%
 
               
 
               
 
               

(1)
Same-stores are those stores which were open at the end of the reporting period, had reached their fourteenth month of operation, and include store locations, if any, that had experienced a remodel, an expansion, or relocation.  Same- stores also include the Company's transactional website.
(2)
Same-store results exclude the Company's two fuel center locations.
(3)
Average basket is calculated by dividing sales by customer transactions.
(4)
Gross margin percentage is defined as sales less cost of sales, expressed as a percentage of sales.