EX-12 2 ex12.htm EXHIBIT 12
Exhibit 12
 
ALCO Stores, Inc.
Same-Store Sales and Gross Margin
(amounts in thousands except average basket and gross margin percentage)

 
  
Thirteen Week Periods
Ended
    
Thirty-Nine Week Periods
Ended
  
 
  
November 3,
2013
    
October 28,
2012
    
November 3,
2013
    
October 28,
2012
  
 
  
   
   
   
 
Sales
  
$
101,101
    
$
104,134
    
$
327,646
    
$
332,609
  
Customer transactions
    
4,373
      
4,554
      
13,608
      
14,321
  
Average basket
  
$
23.12
    
$
22.86
    
$
24.08
    
$
23.22
  
 
                                
 
                                
Gross Margin
  
$
26,404
      
32,899
    
$
96,595
    
$
105,199
  
Gross margin percentage
    
25.8
%
    
31.1
%
    
29.1
%
    
31.1
%

(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.