BJ's Wholesale Club Reports June Sales Results.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 June 2008 increased by 18.8% to $1.05 billion from $887 million in June 2007. On a comparable club basis, sales for June 2008 increased by 16.5%, including a contribution from sales of gasoline worth 8.2%. Merchandise comparable club sales of 8.3% reflected a higher than expected mix of low-margin consumable items such as paper products, health & beauty aids and household chemicals. [TABLE OMITTED] [TABLE OMITTED] The Company provided the following additional information regarding comparable club sales for June 2008: * By week, the strongest sales increase was in week 5 and the lowest sales increase was in week 4, reflecting a shift in the timing of the July 4 holiday versus last year. * By region, the Southeast and Upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. had the highest sales increases and the 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 region had the lowest sales increase. * Excluding sales of gasoline, traffic increased by approximately 6% versus last year and the average transaction amount increased by approximately 2%. * Sales of food increased by approximately 11%, driven by strong sales of perishable foods. Sales of general merchandise increased by approximately 4%, driven by strong sales of air conditioners and consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one . * Departments with the strongest sales increases compared to last year included air conditioners, bakery, coffee, cookies, dairy, frozen, health & beauty, household chemicals, meat, oils & shortenings, pet food, paper, produce, soda and water, snacks, toys and video games See video game console. . Weaker departments versus last year included cigarettes, electronics, residential furniture, jewelry, storage and televisions. The Company currently operates 178 BJ's Wholesale clubs in 16 states. 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. BJ's press releases and filings with the SEC are available on the Internet at www.bjs.com. |
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