ShopKo Stores, Inc. reported consolidated sales for the four weeks ended August 2, 2003 decreased 2.4 percent to $224.6 million from $230.2 million during the same period last year. Consolidated comparable store sales decreased 2.1 percent.
Sales Summary by Business Segment (dollars in millions)
Retail Segments Period Ended % Change
4 Weeks: 08/02/03 Total** Comp*
ShopKo $164.6 (5.1)% (5.1)%
Pamida 60.0 5.7 6.9
Total Retail $224.6 (2.4)% (2.1)%
13 Weeks:
ShopKo $558.8 (4.2)% (4.2)%
Pamida 205.9 2.9 3.7
Total Retail $764.7 (2.4)% (2.2)%
26 Weeks:
ShopKo $1,089.3 (4.1)% (4.1)%
Pamida 383.3 1.8 2.6
Total Retail $1,472.6 (2.6)% (2.4)%
* Comparable store sales represent sales of those stores open during
both fiscal years.
** Pamida division total sales variance reflects sales in the prior year
periods from six locations which have been closed and not replaced.
The company expects consolidated comparable store sales for the month of August to be negative low single digits.
