BJ’s Comps Climb 1.9% in July

BJ’s Wholesale Club, Inc. sales for July 2006 increased by 5.4% to $613.3 million from $582.1 million in July 2005. On a comparable club basis, July sales increased by 1.9% versus last year, including a contribution from sales of gasoline of 1.1%. In 2005, the Company reported a comparable club sales increase of 4.7% for July, including a contribution from sales of gasoline of 1.4%.

For the second quarter ended July 29, 2006, total sales were approximately $2.1 billion, an increase of 5.7% over the second quarter of 2005. Comparable club sales for the second quarter of 2006 increased by 1.8%, including a contribution from sales of gasoline of 1.9%. In 2005, the Company reported a comparable club sales increase for the second quarter of 3.2%, including a contribution from sales of gasoline of 0.4%. For the twenty-six week period ended July 29, 2006, total sales increased by 6.0% and comparable club sales increased by 1.9%, including a contribution from sales of gasoline of 1.7%

                        Sales Results for July
                           ($ in thousands)
             Four Weeks Ended                     % Change
         July 29,        July 30,          Net              Comp.
           2006            2005           Sales             Sales
         --------        --------        ------            ------
    $     613,321    $    582,053          5.4%              1.9%

          Twenty-six Weeks Ended                  % Change
         July 29,        July 30,          Net              Comp.
           2006            2005           Sales             Sales
         --------        --------        ------            ------
    $   3,973,773     $ 3,750,383          6.0%              1.9%

The Company provided the following additional information regarding July 2006 sales for BJ’s

Wholesale Club:

On a comparable club basis, sales were strongest in week one, due primarily to the July 4 calendar shift, and softest in week two. The positive impact of the July 4th calendar shift on comparable club sales for the month was worth approximately 150 basis points.

Comparable club sales increased in all major regions, with the highest increases in upstate New York and Metro New York, and the lowest increase in the Southeast region.

Excluding sales of gasoline, the average transaction amount for the month of July increased by approximately 4% and traffic decreased by approximately 4%.

On a comparable club basis, food sales increased by approximately 2% and general merchandise sales decreased by approximately 2%. Categories with strong comparable club sales increases compared to last year included air conditioners, beverages, electronics, luggage, paper products, produce and summer seasonal. Weaker categories versus last year included apparel, books, jewelry and DVDs. The decrease in book sales was due in part to last year’s strong sales of a new Harry Potter book in July.

For the month of August 2006, the Company expects comparable club sales to increase 1% to 2%, including a contribution from sales of gasoline of 0% to 0.5%. For the month of August last year, the Company reported a comparable club sales increase of 5.6%, including a contribution from sales of gasoline of 3.4%.