BJ’s Wholesale Club Reports June Sales Results

BJ’s Wholesale Club, Inc. today reported that sales for June 2008 increased by 18.8% to $1.05 billion from $887 million in June 2007. On a comparable club basis, sales for June 2008 increased by 16.5%, including a contribution from sales of gasoline worth 8.2%. Merchandise comparable club sales of 8.3% reflected a higher than expected mix of low-margin consumable items such as paper products, health & beauty aids and household chemicals.


By week, the strongest sales increase was in week 5 and the lowest sales increase was in week 4, reflecting a shift in the timing of the July 4 holiday versus last year.

By region, the Southeast and Upstate New York had the highest sales increases and the Metro New York region had the lowest sales increase.


Excluding sales of gasoline, traffic increased by approximately 6% versus last year and the average transaction amount increased by approximately 2%.
Sales of food increased by approximately 11%, driven by strong sales of perishable foods.


Sales of general merchandise increased by approximately 4%, driven by strong sales of air conditioners and consumer packaged goods.


 

BJ’s Wholesale Club Reports June Sales Results

BJ’s Wholesale Club, Inc. today reported that sales for June 2008 increased by 18.8% to $1.05 billion from $887 million in June 2007. On a comparable club basis, sales for June 2008 increased by 16.5%, including a contribution from sales of gasoline worth 8.2%. Merchandise comparable club sales of 8.3% reflected a higher than expected mix of low-margin consumable items such as paper products, health & beauty aids and household chemicals.


By week, the strongest sales increase was in week 5 and the lowest sales increase was in week 4, reflecting a shift in the timing of the July 4 holiday versus last year.

By region, the Southeast and Upstate New York had the highest sales increases and the Metro New York region had the lowest sales increase.


Excluding sales of gasoline, traffic increased by approximately 6% versus last year and the average transaction amount increased by approximately 2%.
Sales of food increased by approximately 11%, driven by strong sales of perishable foods.


Sales of general merchandise increased by approximately 4%, driven by strong sales of air conditioners and consumer packaged goods.


 

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