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GOTTSCHALKS ANNOUNCES MAY SALES RESULTS

 FRESNO, Calif., June 7 /PRNewswire/ -- Gottschalks Inc. (NYSE: GOT) announced that May 1993 sales decreased 0.9 percent to $24.7 million from $24.9 million for the prior May. Same store sales for the May period decreased 5.8 percent.
 "California still lingers in a recessionary mode due to people being very hesitant about purchasing. We do not as yet see confidence returning to the buying public," stated Chairman Joe Levy.
 For the 17-week period to data, total sales decreased 1.8 percent to $90.5 million from $92.2 million with same store sales decreasing 4.9 percent. Sales results are summarized as follows:
 May 29, May 30, Total Pct. Same Store
 1993 1992 Increase Sales Change
 Sales, four weeks
 ended $24,711 $24,934 (0.9 pct.) (5.8 pct.)
 Sales, 17 weeks
 ended $90,544 $92,186 (1.8 pct.) (4.9 pct.)
 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- 6/7/93
 /CONTACT: Charles M. Kill, acting chief financial officer of Gottschalks, 209-434-8000/
 (GOT)


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

GT-TM -- SF012 -- 6286 06/07/93 18:44 EDT
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Publication:PR Newswire
Date:Jun 7, 1993
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