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TheStreet Open House

BJ's Wholesale Club Reports July Sales Results

Stock quotes in this article: BJ

BJ’s Wholesale Club, Inc. (NYSE: BJ) today reported that sales for July 2011 increased by 12.4% to $854.8 million from $760.9 million in July 2010. On a comparable club basis, July 2011 sales increased by 9.2%, including a contribution from sales of gasoline of 3.8%. Merchandise comparable club sales excluding the impact of gasoline increased by 5.4%.

In 2010, the Company reported a comparable club sales increase of 2.8% for July, including a positive impact from sales of gasoline of 0.9%. Excluding the impact of gasoline, merchandise comparable club sales in July 2010 increased by 1.9%.

   

Four Weeks Ended

July 30, 2011

 

Thirteen Weeks Ended

July 30, 2011

 

Twenty-six Weeks Ended

July 30, 2011

Comparable club sales   9.2%   7.8%   7.1%
Impact of gasoline sales   3.8%   4.0%   4.0%
Merchandise comparable club sales   5.4%   3.8%   3.1%

For the second quarter ended July 30, 2011, total sales increased by 11.0% to $2.98 billion and comparable club sales increased by 7.8%, including a contribution from sales of gasoline of 4.0%. Excluding the impact of gasoline, merchandise comparable club sales increased by 3.8%. For the second quarter of 2010, the Company reported a comparable club sales increase of 4.4%, including a contribution from sales of gasoline of 1.5%. Excluding the impact of gasoline, merchandise comparable club sales for the second quarter of 2010 increased by 2.9%.

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