BJ'S Wholesale Club, Inc. Reports August Sales.NATICK, Mass.--(BUSINESS WIRE)--September 2, 1999-- BJ's Wholesale Club BJ's Wholesale Club, Inc. NYSE: BJ is a membership-only warehouse club chain operating in the East Coast of the United States, as well as in the state of Ohio. History , Inc. (NYSE NYSE See: New York Stock Exchange :BJ) today reported that sales for August increased by 19.3% to $300 million from $251 million recorded in August 1998. Comparable club sales increased by 6.9% for August and by 6.3% year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. . Jack Nugent, president and chief executive officer, commented, "August sales benefited from good demand for "back-to-school" merchandise and excellent sales in many other categories including apparel, health and beauty aids and jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. ." -0-
Sales Results for August
($ in thousands)
Four Weeks Ended % Change
August 28, August 29, Net Comp.
1999 1998 Sales Sales
$ 299,959 $ 251,491 19.3% 6.9%
Thirty Weeks Ended % Change
August 28, August 29, Net Comp.
1999 1998 Sales Sales
$ 2,173,676 $ 1,865,842 16.5% 6.3%
BJ's Wholesale Club introduced the wholesale club concept to New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. in 1984 and has since expanded to become a leading membership warehouse chain in the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . BJ's currently operates 101 clubs compared with 88 one year ago. BJ's press releases are available on the Internet at www.bjswholesale.com or on Business Wire's Home Page at www.businesswire.com/cnn/bj/htm. |
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