Duckwall-Alco key Dec. revenue figure dips 0.3 pct

Duckwall-Alco posts 0.3 percent dip in key Dec. revenue figure as warm weather weighs on sales

Associated Press

ABILENE, Kan. (AP) -- Duckwall-Alco Stores Inc. said Thursday that revenue at stores open at least a year slipped 0.3 percent in its December period, compared with the same five weeks a year ago.

That figure excludes fuel sales. The company did not say what the figure would have been including fuel sales.

Revenue at stores open at least a year is a key indicator of a company's health, because it excludes the impact of recently opened or closed stores. Total revenue rose 1.7 percent to $66.8 million.

CEO Rich Wilson said the unusually warm weather impacted seasonal businesses in several markets, having a negative impact on cold weather clothing sales and seasonal products in domestics, automotive and hardware.

In the Northern Plains and Southern regions, sales were stronger. Food, health and beauty products, Christmas decorations, housewares, home storage, furniture and sporting goods all showed strength.

The Abilene, Kan., discount chain runs about 217 stores, mostly in small towns in the middle of the country.

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