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GOTTSCHALKS ANNOUNCES FEBRUARY SALES RESULTS

 FRESNO, Calif., March 16 /PRNewswire/ -- Gottschalks Inc. (NYSE: GOT) announced that February 1993 sales were $17.5 million, essentially even with last February. Cosmetics, accessories and the men's business were particularly strong in total. Comparable store sales for the month declined 5.7 percent. The decline for comparable stores reflects the difficult economic environment in California.
 Sales results are summarized as follows:
 Feb. 27, March 1, Total Pct. Same Store
 1993 1992 Decrease Sales Decrease
 Sales, Four $ 17,453 $ 17,576 (0.7 pct.) (5.7 pct.)
 weeks ended
 On March 3, the company opened its 26th department store in Hanford, Calif. The 86,000-square-foot store is in the Hanford Mall regional shopping center.
 Gottschalks is a regional department store chain, currently operating 26 department stores and 23 specialty apparel stores in California, Tacoma, Wash. and Klamath Falls, Ore. Gottschalks offers moderate to upper moderately priced brand-name fashion merchandise.
 -0- 3/16/93
 /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:

LH-TM -- SF004 -- 6568 03/16/93 12:36 EST
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Publication:PR Newswire
Date:Mar 16, 1993
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