Duckwall-ALCO Stores January Same Store Sales Ex-Fuel Down 1.1%

Duckwall-ALCO Stores, Inc.

today announced that sales from continuing operations increased 0.7% to $28.7 million for the fiscal four-week period ended January 29, 2012, compared to $28.5 million during the same period of the prior year. On a same-store basis, excluding fuel, sales decreased 1.1% from a year earlier. For the fourth quarter ended January 29, 2012, sales from continuing operations increased 1.0% to $137.5 million compared to $136.2 million during the same period of the prior year. On a same-store basis, excluding fuel, sales for the fourth quarter decreased 0.6% versus a year earlier. For fiscal year ended January 29, 2012, sales from continuing operations increased 4.4% to $482.8 million, compared to $462.6 million during the same period of the prior year. On a same-store basis, excluding fuel, sales for the fiscal year increased 3.0% versus a year earlier.