Duckwall-ALCO Stores Reports June Comparable Store Sales Results Ex-Fuel +10.6%

Duckwall-ALCO Stores, Inc. DUCK today announced that sales from continuing operations for the fiscal five-week period ended July 3, 2011, increased 11.8% to $49.4 million, compared to $44.1 million during the same period of the prior year. On a comparable-store basis, excluding fuel, sales increased 10.6% versus the prior year. On a year-to-date basis, sales from continuing operations increased 6.7% to $203.0 million, compared to $190.3 million in the first five months of fiscal 2011. On a comparable-store basis, excluding fuel, sales increased 4.9% versus a year earlier. Rich Wilson, President and Chief Executive Officer, commented, "June marks the Company's fifth consecutive month of positive comparable-store sales. Momentum continues to build as our improved merchandise assortments, store execution and value proposition resonate with our core customer. We experienced strong June sales in Apparel, Sporting Goods, Outdoor Furniture, Air Conditioners and the Health and Beauty areas of the stores."