BJ's Wholesale Club Reports December Sales.NATICK, Mass. -- 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 December 2005 increased by 4.5% to $965.9 million from $924.5 million in December 2004. On a comparable club basis, sales increased by 1.4% for the month of December, including a contribution from sales of gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by of approximately 40 basis points. Last year, the Company reported a comparable club sales increase of 5.6% for December, including a 1.4% contribution from sales of gasoline.
Sales Results for December 2005
($ in thousands)
Five Weeks Ended % Change
December 31, January 1, Net Comp.
2005 2005 Sales Sales
$ 965,864 $ 924,484 4.5% 1.4%
Forty-eight Weeks Ended % Change
December 31, January 1, Net Comp.
2005 2005 Sales Sales
$ 7,260,517 $ 6,724,302 8.0% 3.7%
The Company provided the following additional information regarding December 2005 sales for BJ's Wholesale Club: The month of December included 34 sales days in both 2005 and 2004. Comparable club sales were strongest in week four, the week leading up Christmas, due in part to the Christmas day calendar shift. By major region, comparable club sales increased in all markets and were highest in metro New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . On a comparable club basis, excluding sales of gasoline, traffic decreased by approximately 3% and the average transaction amount increased by approximately 5%. Also on a comparable club basis, sales of food increased by approximately 5% and general merchandise sales decreased by approximately 3%. Merchandise categories with the strongest sales increases compared to last year included beauty care, household chemicals, coffee, paper products, produce, soda & water, televisions, toys and trash bags. Weaker categories versus last year included apparel, best seller books, computer equipment, domestics, DVDs, small appliances Small appliance refers to a class of home appliances that are semi-portable or which are used on tabletops, countertops, or other platforms. Such items are contrasted with major appliances, which are typically fixtures that cannot be easily moved. and software. During the month of December, the Company opened one new BJ's Wholesale Club in Newark, Delaware Newark is a city in New Castle County, Delaware, 12 miles (19 km) west-southwest of Wilmington. According to 2006 Census Bureau estimates, the population of the city is 30,060.[1] Newark is the home of the University of Delaware. . The Company currently operates 162 clubs in 16 states, including two ProFoods Restaurant Supply clubs in the metro New York area. BJ's 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 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 press releases and filings with the SEC are available on the Internet at www.bjs.com. |
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