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Article: BJ's Wholesale Club Reports October Sales Results.(Financial report)
- Article from:
- Energy Weekly News
- Article date:
- November 20, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BJ's Wholesale Club, Inc. (NYSE: BJ) reported that sales for October 2009 increased by 3.5% to $764.7 million from $738.9 million in October 2008. On a comparable club basis, sales for October 2009 decreased by 1.1%, including a negative impact from sales of gasoline worth 4.8%. Excluding the negative impact from lower gasoline prices and volumes versus last year, merchandise comparable club sales increased by 3.7%. In 2008, comparable club sales for the month of October increased by 10.2%, including a contribution from gasoline sales of 3.6%.
For the third quarter ended October 31, 2009, total sales increased by 2.0% to $2.45 billion from $2.40 billion, and ...