7-Eleven, Inc. Reports Total Merchandise Sales Rise 6.6 Percent; U.S. Same-Store Merchandise Sales Increase 4.9 Percent

DALLAS, June 10 -- 7-Eleven, Inc. today reported total sales for May 2003 of $951.7 million, an increase of 8.3 percent over the May 2002 total of $878.9 million. Total merchandise sales for May 2003 were $670.3 million, an increase of 6.6 percent over the May 2002 total of $628.6 million. U.S. same-store merchandise sales for May 2003 increased 4.9 percent, on top of a 2.0 percent increase in May 20, 200302.

Gasoline sales for May 2003 were $281.4 million, a 12.4 percent increase compared to $250.3 million in the prior-year period. Average gallons sold per store increased 6.1 percent in May 2003 compared to the May 2002 result. The average retail price of gasoline for May 2003 was $1.53, compared to $1.45 in May 2002.

Year-to-Date Results

The following results compare year-to-date results through May 2003 to the same period last year:

  --  U.S. same-store merchandise sales have increased 3.9 percent, on top
      of a 3.2 percent increase for 2002.
  --  Merchandise sales are $3.0 billion, an increase of 5.4 percent.
  --  Gasoline sales total $1.4 billion, an increase of 31.1 percent.
  --  Average gallons sold per store have increased 5.3 percent.

  About 7-Eleven, Inc.

7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Headquartered in Dallas, Texas, 7-Eleven, Inc. operates or franchises approximately 5,800 7-Eleven(R) stores in the United States and Canada and licenses approximately 19,000 7-Eleven(R) stores in 17 countries and territories throughout the world. During 2002, 7-Eleven(R) stores worldwide generated total sales of more than $33 billion. Find out more online at www.7-Eleven.com .