BJ's Wholesale July net sales jump 5.4%

04 Aug '06

3 min read

BJ's Wholesale Club Inc reported that sales for July 2006 increased by 5.4 percent to $613.3 million from $582.1 million in July 2005. On a comparable club basis, July sales increased by 1.9 percent versus last year, including a contribution from sales of gasoline of 1.1 percent. In 2005, the Company reported a comparable club sales increase of 4.7 percent for July, including a contribution from sales of gasoline of 1.4 percent.

For the second quarter ended July 29, 2006, total sales were approximately $2.1 billion, an increase of 5.7 percent over the second quarter of 2005. Comparable club sales for the second quarter of 2006 increased by 1.8 percent, including a contribution from sales of gasoline of 1.9 percent. In 2005, the Company reported a comparable club sales increase for the second quarter of 3.2 percent, including a contribution from sales of gasoline of 0.4 percent.

For the twenty-six week period ended July 29, 2006, total sales increased by 6.0 percent and comparable club sales increased by 1.9 percent, including a contribution from sales of gasoline of 1.7 percent.

The Company provided the following additional information regarding July 2006 sales for BJ's Wholesale Club:
On a comparable club basis, sales were strongest in week one, due primarily to the July 4 calendar shift, and softest in week two. The positive impact of the July 4th calendar shift on comparable club sales for the month was worth approximately 150 basis points.

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