BJ's Wholesale Club July sales up 19%

Aug 08, 2008 (Datamonitor via COMTEX) -- BJ | Quote | Chart | News | PowerRating -- BJ's Wholesale Club has reported that sales for July 2008 increased by 18.9% to $773.2 million from $650.5 million in July 2007.

On a comparable club basis, July 2008 sales increased by 16.7%, including a contribution from sales of gasoline of 9.7%. In 2007, the company reported a comparable club sales increase of 1.5% for July, including a negative impact from sales of gasoline of 0.6% and a negative impact from the absence of pharmacy sales versus July 2006 of 0.4%.

For the second quarter ended August 2, 2008, total sales increased by 17.9% to $2.65 billion, and comparable club sales increased by 15.5%, including a contribution from sales of gasoline of 8.1%. For the second quarter of 2007, the company reported comparable club sales increase of 3.7%, including a contribution from sales of gasoline of 0.7% and a negative impact from the absence of pharmacy sales versus the prior year of 0.4%.

For the 26-week period ended August 2, 2008, total sales increased by 15.3% and comparable club sales increased by 12.7%, including a contribution from sales of gasoline of 6.2%. For the 26-week period ended August 4, 2007, comparable club sales increased by 3%, including a contribution of 1.1% from gasoline and negative impact of 0.4%.from lack of pharmacy sales versus the prior year.

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