BJ’s Wholesale Club, Inc. sales for August 2006 increased by 4.4% to $624.7 million from $598.3 million in August 2005. On a comparable club basis, August sales increased by 2.3% versus last year, including a contribution from sales of gasoline of 1.2%. In 2005, the Company reported a comparable club sales increase of 5.6% for August, including a contribution from sales of gasoline of 3.4%.
Sales Results for August
($ in thousands)
Four Weeks Ended % Change
August 26, August 27, Net Comp.
2006 2005 Sales Sales
$ 624,666 $ 598,268 4.4% 2.3%
Thirty Weeks Ended % Change
August 26, August 27, Net Comp.
2006 2005 Sales Sales
$ 4,598,263 $ 4,348,651 5.7% 1.9%
The Company provided the following additional information regarding August 2006 sales for BJ’s Wholesale Club:
On a comparable club basis, sales were strongest in week one and softest in week three.
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 August increased by approximately 3% and traffic decreased by approximately 2%.
On a comparable club basis, food sales increased by approximately 3% 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, small appliances and produce. Weaker categories versus last year included apparel, DVDs, jewelry, meat and office supplies.
