BJ’s Wholesale Club, Inc. reported that sales for September 2010 increased by 3.6% to $961.6 million from $928.1 million in September 2009. On a comparable club basis, sales for September 2010 increased by 1.5%, including a contribution of 0.7% from sales of gasoline. Excluding gasoline, merchandise comparable club sales increased by 0.8%.
For September 2009, the Company reported a comparable club sales decrease of 0.5%, including a negative impact from gasoline sales of 6.0%. Excluding gasoline, merchandise comparable club sales increased by 5.5%.
5 Weeks Ended October 2, 2010 | 35 Weeks Ended October 2, 2010 | |||||||
Comparable club sales | 1.5% | 4.9% | ||||||
Impact of gasoline sales | 0.7% | 2.0% | ||||||
Merchandise comparable club sales | 0.8% | 2.9% |
Sales Results for September 2010 | ||||||||||
Five Weeks Ended | % Change | |||||||||
October 2,2010 | October 3,2009 | Net Sales | Comp. Sales | |||||||
$961,602 | $928,054 | 3.6% | 1.5% | |||||||
Thirty-Five Weeks Ended | % Change | |||||||||
October 2,2010 | October 3,2009 | Net Sales | Comp. Sales | |||||||
$7,027,275 | $6,451,316 | 8.9% | 4.9% |
The company provided the following additional information regarding comparable club sales for September 2010:
Sales increased in weeks one through four, with the highest increase in week three. Sales decreased in week five.
Comparable club sales increased in the Mid-Atlantic, Southeast and Upstate New York regions and decreased in the Metro New York and New England regions.
Excluding sales of gasoline, traffic increased by approximately 2% versus last year and the average transaction amount decreased by approximately 2%.
Sales of food increased by approximately 4% and sales of general merchandise decreased by approximately 5%.