June same store sales down for BJ's Wholesale Club
07 Jul '06
3 min read
Excluding sales of gasoline, the average transaction amount for the month of June increased by approximately 3 percent and traffic decreased by approximately 6 percent.
On a comparable club basis, food sales decreased by approximately 2 percent and general merchandise sales decreased by approximately 3 percent. Categories with strong comparable club sales increases compared to last year included electronics, household chemicals, paper products, plastic bags, wraps & foils, produce and televisions. Weaker categories versus last year included air conditioners, apparel, computers, DVDs, lawn & garden, meat and summer seasonal.
For the month of July 2006, the Company expects comparable club sales to be in the range of 3 percent to 5 percent, including a contribution from sales of gasoline of approximately 2 percent.
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.
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.