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GOTTSCHALKS ANNOUNCES DECEMBER SALES RESULTS

 FRESNO, Calif., Jan. 12 /PRNewswire/ -- Gottschalks Inc. (NYSE: GOT) announced that December 1992 sales increased 9 percent to $67.2 million from $61.7 million for the prior December period. Same store sales for December increased 3.8 percent. For the 48 week 1992 year-to-date period, total sales increased 5.3 percent to $314.2 million from $298.5 million for the year earlier year-to-date period. Same store sales on a year-to-date basis decreased 0.9 percent over the prior year.
 "We are satisfied with our sales performance for the month of December," stated Joe Levy, chief executive officer. "I believe we performed better than stores located in major urban areas of California where the economy continues to be very difficult," he added. Levy continued, "Our sales gains were fairly widespread throughout our marketing areas."
 Sales results are summarized as follows:
 GOTTSCHALKS INC.
 Jan. 2, Jan. 4, Total Pct. Same Store
 1993 1992 Change Sales Change
 Sales, Five
 Weeks Ended $ 67,209 $ 61,688 9.0 3.8
 Sales, Nine
 Weeks Ended $100,107 $ 94,654 5.8 0.7
 Sales,
 48 Weeks Ended $314,210 $298,478 5.3 (0.9)
 Gottschalks is a regional department store chain, currently operating 25 department stores and 22 specialty apparel stores in California, Tacoma, Wash. and Klamath Falls, Ore. Gottschalks offers moderate to upper moderately priced brand-name fashion merchandise and is in its 88th year of continuous family management.
 -0- 1/12/93
 /CONTACT: James R. Clifford, executive vice president and chief financial officer of Gottschalks, 209-434-8000/
 (GOT)


CO: Gottschalks Inc. ST: California IN: REA SU: ERN

GT-TB -- SF005 -- 4105 01/12/93 14:10 EST
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Publication:PR Newswire
Date:Jan 12, 1993
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