BJs Wholesale Club, Inc. reported sales for May 2011 increased by 10.7 percent to $952.9 million from $860.8 million in May 2010. Comparable club sales for May 2011 increased by 7.4 percent, including a contribution from sales of gasoline of 4.4%. Excluding the impact of gasoline, merchandise comparable club sales increased by approximately 3.0%.
In May 2010, comparable club sales increased by 6.8 percent, including a negative impact of 3.3 percent from sales of gasoline. Excluding gasoline, merchandise comparable club sales increased by 3.5 percent.
| Four Weeks Ended May 28, 2011 | Seventeen Weeks Ended May 28, 2011 | |||||||
| Comparable club sales | 7.4% | 6.5% | ||||||
| Impact of gasoline sales | 4.4% | 3.9% | ||||||
| Merchandise comparable club sales | 3.0% | 2.6% |
Sales Results for May 2011 | ||||||||||||||||||
($ in thousands) | ||||||||||||||||||
| Four Weeks Ended | % Change | |||||||||||||||||
| May 28, 2011 | May 29, 2010 | Net Sales | Comp. Sales | |||||||||||||||
| $ 952,912 | $ 860,813 | 10.7% | 7.4% | |||||||||||||||
| Seventeen Weeks Ended | % Change | ||||||||||||||
| May 28, 2011 | May 29, 2010 | Net Sales | Comp. Sales | ||||||||||||
| $ 3,722,182 | $ 3,377,189 | 10.2% | 6.5% | ||||||||||||
The Company provided the following additional information regarding comparable club sales for May 2011:
Sales increased in all four weeks with the strongest increase in week three.
Comparable club sales increased in all major regions with the strongest increase in the Southeast.
Excluding sales of gasoline, the average transaction amount increased by approximately 3 percent and traffic was approximately flat.
Sales of food increased by approximately 4 percent, driven primarily by fresh food. Sales of general merchandise were approximately flat.
Departments with the strongest sales increases compared to last year included beauty care, coffee, computers, cookies, dairy, deli, electronics, frozen, meat, milk, paper, prepared foods, produce, salty snacks and small appliances. Departments with weaker sales compared to last year included apparel, diapers, juices, plants and shrubs, plates and utensils, pre-recorded video and televisions.
