Exhibit 12
ALCO Stores, Inc.
Same-Store Sales and Gross Margin
Fiscal Years ended February 3, 2013 and January 29, 2012
(amounts in thousands except average basket and gross margin percentage)
| 53 Weeks 2013 | 52 Weeks 2012 | |||||||
| Sales | $ | 469,374 | $ | 467,857 | ||||
| Customer transactions | 19,782 | 20,529 | ||||||
| Average basket | $ | 23.73 | $ | 22.79 | ||||
| Gross Margin | $ | 144,168 | $ | 143,831 | ||||
| Gross margin percentage | 30.7 | % | 30.7 | % | ||||
| (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. |