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GOTTSCHALKS ANNOUNCES JANUARY SALES RESULTS

 FRESNO, Calif., Feb. 10 /PRNewswire/ -- Gottschalks Inc. (NYSE: GOT) announced that January 1993 sales for the four-week period ended Jan. 30, 1993, increased 4.8 percent to $16.9 million from $16.2 million for the prior January 30. Same-store sales for the January period decreased 1.9 percent. For the 52-week period-to-date, total sales increased 5.2 percent to $331.1 million from $314.6 million for the year earlier period. Same-store sales on a year-to-date basis decreased 0.9 percent over the prior year.
 James Clifford, executive vice president and chief financial officer, stated, "Overall, the sales increase for the quarter was in line with our expectations. December was a reasonably good month, but following Christmas, the trend of the business softened somewhat in January. California continues to lag the economic recovery evident in some other regions of the country."
 Sales results are summarized as follows:
 GOTTSCHALKS INC.
 Jan. 30, Feb. 1 Total Percent Same Store Sales
 1993 1992 Increase Increase/Decrease
 Sales, Four Weeks
 Ended $ 16,923 $ 16,155 4.8 (1.9)
 Sales, 13 Weeks
 Ended $117,029 $110,809 5.6 0.4
 Sales, 52 Weeks
 Ended $331,133 $314,633 5.2 (0.9)
 Gottschalks is a regional department store chain, currently operating 25 department stores and 22 specialty apparel stores in the California, Tacoma, Wash., and Klamath Falls, Ore. regions. Gottschalks offers moderate to upper-moderately priced brand-name fashion merchandise.
 -0- 2/10/93
 /CONTACT: James Clifford, executive vice president and chief financial officer of Gottshchalks, 209-434-8000/
 (GOT)


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

SG-TM -- SF012 -- 5437 02/10/93 19:28 EST
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Date:Feb 10, 1993
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