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, | 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. |