ShopKo Stores, Inc. reported consolidated sales for the five weeks ended April 2, 2005 decreased 0.1% to $281.4 million from $281.7 million during the same period last year. Consolidated comparable store sales decreased 0.6%.
Sales Summary by Business Segment (dollars in millions) Retail Segments Period Ended % Change 5 Weeks: 4/02/05 Total** Comp* ShopKo $209.2 (1.9)% (2.0)% Pamida 72.2 5.5 4.0 Total Retail $281.4 (0.1)% (0.6)% 9 Weeks: ShopKo $367.0 (3.4)% (3.6)% Pamida 127.3 5.0 3.8 Total Retail $494.3 (1.4)% (1.8)% * Comparable store sales represent sales of those stores open during both fiscal years and do not include sales from the ShopKo wholesale optical lab. ** ShopKo division total sales variance reflects sales from one closed ShopKo location in fiscal 2004 and three new ShopKo Express Rx locations. Pamida division total sales variance reflects sales from five closed Pamida locations and seven new locations in fiscal 2004, and three new locations in fiscal 2005.
For the month of April, consolidated comparable store sales are expected to be in the negative mid single digit range. April is expected to be adversely affected by the Easter holiday shift.