BJ's Wholesale Club Reports May 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 May 2006 increased by 8.6% to $655.5 million from $603.4 million in May 2005. On a comparable club basis, sales increased by 4.2% including a contribution from sales of gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by of approximately 2.2%. Last year, the Company reported a comparable club sales increase of 0.5%, including a contribution from sales of gasoline of 20 basis points.
Sales Results for May
($ in thousands)
Four Weeks Ended % Change
May 27, May 28, Net Comp.
2006 2005 Sales Sales
------ ------ ------ -----
$ 655,473 $ 603,444 8.6% 4.2%
Seventeen Weeks Ended % Change
May 27, May 28, Net Comp.
2006 2005 Sales Sales
------ ------ ------ -----
$ 2,535,546 $ 2,372,234 6.9% 2.6%
The Company provided the following additional information regarding May 2006 sales for BJ's Wholesale Club: On a comparable club basis, sales were highest in week two and lowest in week three, reflecting a calendar shift in timing of Mother's Day versus last year. Comparable club sales were positive in all major markets with the highest increases in the 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. and the Mid-Atlantic regions. Excluding sales of gasoline, the average transaction amount for the month of May rose by approximately 6% and traffic decreased by approximately 4%. On a comparable club basis, food and general merchandise sales each increased by approximately 2%. Categories with strong comparable club sales increases compared to last year included automotive & tools, beer, electronics, major appliances A major appliance is usually defined as a large machine which accomplishes some routine housekeeping task, which includes purposes such as cooking, food preservation, or cleaning, whether in a household, institutional, commercial or industrial setting. , paper products, personal health, produce, summer seasonal and televisions. Weaker categories versus last year included candy candy: see confectionery. candy Sweet sugar- or chocolate-based confection. The Egyptians made candy from honey (combined with figs, dates, nuts, and spices), sugar being unknown. , computer equipment, DVDs, meat, men's apparel and tires. 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 165 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. |
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