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GOTTSCHALKS ANNOUNCES JUNE SALES RESULTS

 FRESNO, Calif., July 8 /PRNewswire/ -- Gottschalks Inc. (NYSE: GOT) announced that June 1993 sales increased 3.9 percent to $29.3 million from $28.2 million during June of last year. Same store sales for the June period increased 1.5 percent.
 "We are encouraged by the June sales increase which was the first month we have experienced same store increases since December 1992," said Chairman Joe Levy. "While we remain cautiously optimistic about business for the balance of the year, we have not seen significant improvement in the overall economy on the West Coast. We are continuing to operate with tight controls on inventory and expenses," Levy added.
 For the 21-week period to date, total sales decreased .5 percent to $119.8 million from $120.4 million with same store sales decreasing 3.1 percent. Sales results are summarized as follows:
 GOTTSCHALKS INC.
 ($ in thousands)
 July 3, July 4, Total Pct. Same Store
 1993 1992 Increase Sales Change
 Sales, five weeks
 ended $ 29,271 $ 28,174 3.9 pct. 1.5 pct.
 Sales, 21 weeks
 ended $119,816 $120,360 (0.5) pct. (3.1) pct.
 Gottschalks is a regional department store chain, currently operating 26 department stores and 23 specialty apparel stores in California, Tacoma, Washington and Klamath Falls, Ore. Gottschalks offers moderate to upper moderately priced brand-name fashion merchandise.
 -0- 7/8/93
 /CONTACT: Alan Weinstein, executive vice president and chief financial officer of Gottschalks, 209-434-8000/
 (GOT)


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

GT-TB -- SF009 -- 9689 07/08/93 17:08 EDT
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Publication:PR Newswire
Date:Jul 8, 1993
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