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BJ's Wholesale presents September sales
07 Oct '05
2 min read
Retailer BJ's Wholesale Club Inc reported that sales for September 2005 increased by 8.7 percent to $735.9 million from $676.8 million in September 2004. On a comparable club basis, sales increased by 3.8 percent for the month of September, including a contribution from sales of gasoline of approximately 3.2 percent.
Last year, the Company reported a comparable club sales increase of 8.3 percent, including a negative impact of approximately 40 basis points from sales of gasoline.
The Company provided the following additional information regarding September 2005 sales:
Comparable club sales increased in all major markets. In the Company's southeast region, comparable club sales were significantly below trend due primarily to repeated cycles of hurricane-related stock up and replenishment sales last year.
Comparable club sales increased in all five weeks with the strongest increase in week two. Excluding sales of gasoline, traffic decreased by approximately 3 percent and the average transaction amount rose by approximately 4 percent.
On a comparable club basis, sales of food increased by approximately 5 percent and general merchandise sales decreased by approximately 6 percent. In general merchandise, significant decreases in sales of generators, flashlights, film & battery and sleeping bags, as well as propane tanks, canisters and grills reflected last year's hurricane related buying.
Merchandise categories with the strongest sales increases compared to last year included apparel, beauty care, coffee, juices, paper products, produce, residential furniture and soda & water. Weaker categories also included computer equipment, prerecorded video & DVD, small appliances and video game hardware & software.
Wholesale club chain operator BJ's introduced the wholesale club concept to New England in 1984 and has since expanded to become a leading warehouse chain in the eastern United States. The Company currently operates 161 clubs, including two ProFoods Restaurant Supply clubs, and 85 gas stations compared with 154 clubs, including one ProFoods Restaurant Supply club, and 80 gas stations one year ago.
Last year, the Company reported a comparable club sales increase of 8.3 percent, including a negative impact of approximately 40 basis points from sales of gasoline.
The Company provided the following additional information regarding September 2005 sales:
Comparable club sales increased in all major markets. In the Company's southeast region, comparable club sales were significantly below trend due primarily to repeated cycles of hurricane-related stock up and replenishment sales last year.
Comparable club sales increased in all five weeks with the strongest increase in week two. Excluding sales of gasoline, traffic decreased by approximately 3 percent and the average transaction amount rose by approximately 4 percent.
On a comparable club basis, sales of food increased by approximately 5 percent and general merchandise sales decreased by approximately 6 percent. In general merchandise, significant decreases in sales of generators, flashlights, film & battery and sleeping bags, as well as propane tanks, canisters and grills reflected last year's hurricane related buying.
Merchandise categories with the strongest sales increases compared to last year included apparel, beauty care, coffee, juices, paper products, produce, residential furniture and soda & water. Weaker categories also included computer equipment, prerecorded video & DVD, small appliances and video game hardware & software.
Wholesale club chain operator BJ's introduced the wholesale club concept to New England in 1984 and has since expanded to become a leading warehouse chain in the eastern United States. The Company currently operates 161 clubs, including two ProFoods Restaurant Supply clubs, and 85 gas stations compared with 154 clubs, including one ProFoods Restaurant Supply club, and 80 gas stations one year ago.
BJ's Wholesale Club Inc
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