Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BJ's Wholesale Club Reports March 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 March 2006 increased by 7.3% to $712.7 million from $664.2 million in March 2005. On a comparable club basis, sales increased by 3.1%, including a contribution from sales of gasoline of approximately 0.9%. Due to a calendar shift in the Easter holiday, the month of March included one extra day of sales versus 2005 when all BJ's clubs were closed on Sunday, March 27. This calendar shift impacted sales positively by approximately 1% to 1 1/5%.
Sales Results for March
                           ($ in thousands)

             Five Weeks Ended                   % Change
          April 1,      April 2,           Net              Comp.
             2006          2005          Sales             Sales
         --------      --------          -----            ------
   $     712,705   $    664,197            7.3%              3.1%

             Nine Weeks Ended                   % Change
          April 1,      April 2,           Net              Comp.
             2006          2005          Sales              Sale
         --------      --------          -----            ------
    $   1,280,583   $ 1,200,315            6.7%              2.4%


The Company provided the following additional information regarding March 2006 sales for BJ's

Wholesale Club:

On a comparable club basis, sales were strongest in week five due to an one extra day of sales resulting from the Easter calendar shift from March last year to April this year. Sales were softest in week four, reflecting last year's pre-Easter sales. Comparable club sales were positive in all major regions, with the highest increases in the Mid-Atlantic and 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
 markets.

Excluding sales of gasoline, the average transaction amount for the month of March rose by approximately 4% and traffic decreased by approximately 1%.

On a comparable club basis, food sales increased by approximately 3% and general merchandise sales increased by approximately 1%. Categories with strong comparable club sales increases compared to last year included fresh produce, household chemicals, juices, lawn & garden, paper products, residential furniture, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity
commodity, trade good, good - articles of commerce

sports equipment - equipment needed to participate in a particular sport
, storage, summer seasonal, televisions and water. Weaker categories versus last year included apparel, candy, DVDs, 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.
 and video games See video game console. .

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. . The Company currently operates 164 BJ's clubs and two ProFoods Restaurant supply clubs. BJ's press releases and filings with the Securities and Exchange Commission are available on the Internet at www.bjs.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 6, 2006
Words:373
Previous Article:Tim Hortons Announces 2006 Strong First Quarter Sales in Canada and U.S.
Next Article:Rite Aid Reports 2.1 Percent Same Store Sales Increase For March.
Topics:



Related Articles
Waban reports October sales; third quarter earnings expected to be up least 50 percent.
Waban Inc. reports March sales; Comments on first quarter earnings.
Waban reports April sales; Comments on first quarter earnings.
Waban reports March sales.
Waban Reports June Sales.
BJ's Wholesale Club, Inc. Reports March Sales.
BJ's Wholesale Club Reports February Sales.
BJ's Wholesale Club Reports April Sales.
BJ's Wholesale Club Reports May Sales.
BJ's Wholesale Club Reports March Sales Results.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles