AP News

Alco sales metric flat in February


ABILENE, Kan. (AP) — Two major snowstorms last month led Alco Stores Inc. to temporarily shut some stores, hurting February sales trends.

The retailer's revenue at stores open at least a year, excluding fuel, was unchanged from a year ago. That's a key retailer metric that strips out the impact of newly closed or opened stores.

Also has 217 stores in 23 states.

Revenue from continuing operations for the four-week period ended March 3, which also excludes fuel, rose 3.3 percent to $36.4 million.

Shares added 6 cents to $7.91 in afternoon trading.


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