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New words:
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EX-12
ALCO Stores, Inc.
Same-Store Sales and Gross Margin
(amounts in thousands except average basket and gross margin percentage)
| Thirteen Week Periods Ended | Twenty-Six Week Periods Ended | |||||||||||||||
| August 3, 2014 | August 4, 2013 | August 3, 2014 | August 3, 2013 | |||||||||||||
| Sales | $ | 105,850 | $ | 116,095 | $ | 205,910 | $ | 223,728 | ||||||||
| Customer transactions | 4,331 | 4,712 | 8,349 | 8,998 | ||||||||||||
| Average basket | $ | 24.44 | $ | 24.64 | $ | 24.66 | $ | 24.64 | ||||||||
| Gross Margin | $ | 30,499 | 37,243 | $ | 59,846 | $ | 69,529 | |||||||||
| Gross margin percentage | 28.8 | % | 32.1 | % | 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. |