BJs Wholesale Club, Inc. sales for November 2007 increased by 11.7% to $746.3 million from $668.2 million in November 2006. Comparable club sales for November increased by 7.7%, including a
positive impact from sales of gasoline of 3.2% and a negative impact
from the absence of pharmacy sales versus last year of 0.4%. In 2006,
the Company reported a comparable club sales increase of 0.6% for
November, including a negative impact from lower sales of gasoline of
For the forty-three week period ended December 1, 2007, total sales increased by 8.1% to $7.1 billion from $6.6 billion for the forty-three week period ended December 2, 2006. Comparable club sales increased by 3.6% for the forty-three weeks ended December 1, 2007, including a contribution from sales of gasoline of 0.9% and a negative impact from the absence of pharmacy sales versus last year of 0.4%.
The Company provided the following additional information regarding comparable club sales for November:
* November sales increased in all regions with the highest increase in Upstate New York and the lowest increase in the Southeast region.
* Comparable club sales increased in all four weeks. Merchandise comparable club sales increases were highest in weeks one and four.
* The merchandise comparable club sales increase of 4.9% was driven by an increase in the average transaction amount of approximately 4% and an increase in traffic of approximately 1%. The increase in traffic was aided by the Companys annual Holiday Member Acquisition Program.
* On a comparable club basis, food sales increased by approximately 7% and general merchandise sales increased by approximately 2%. Departments with the strongest sales increases versus last year included candy, coffee, dairy, frozen, health & beauty aids, juices, meat, produce, snacks, televisions and video games. Weaker departments versus last year included cigarettes, residential furniture, recorded media, jewelry and toys.