7-Eleven, Inc. Reports September 2004 Sales Results; U.S. Same-Store Merchandise Sales Rise 6.5 Percent
DALLAS, Oct. 12, 2004 -- 7-Eleven, Inc. , the largest chain in the convenience retailing industry, today reported September 2004 sales results. Total September 2004 sales were $1,031.6 million, an increase of 10.7 percent over the September 2003 total of $931.7 million. Total merchandise sales for September 2004 were $679.6 million, an increase of 7.0 percent over the September 2003 total of $635.5 million. U.S. same-store merchandise sales for September 2004 increased 6.5 percent, on top of a 1.6 percent increase in September 2003.
Gasoline sales for September 2004 were $352.0 million, an 18.8 percent increase compared to $296.2 million in the prior-year period. Average gallons sold per store increased 6.7 percent in September 2004 compared to the September 2003 result. The average retail price of gasoline for September 2004 was $1.90, compared to $1.70 in September 2003.
Year-to-Date Results
The following results compare year-to-date results through September 2004 to the same period last year:
* U.S. same-store merchandise sales increased 5.7 percent, on top of a 2.6 percent increase for 2003. * Merchandise sales are $5,960.9 million, an increase of 6.4 percent. * Gasoline sales total $3,120.3 million, an increase of 21.4 percent. * Average gallons sold per store have increased 5.7 percent.
7-Eleven, Inc. will release financial results for its third quarter ended September 30, 2004, before the market opens on Thursday, October 28, 2004. The company will host a conference call led by 7-Eleven's president and chief executive officer, Jim Keyes, and senior vice president and chief financial officer, Ed Moneypenny.
The conference call will start at 9:00 a.m. (ET) and last about one hour. To access the call, please dial 800-905-0392 approximately 5 to 10 minutes prior to the start time and ask to be connected to the 7-Eleven conference call. For international callers, the dial-in number is 785-832-1508. The conference call will be Web cast live and can be accessed through the investor relations section of the 7-Eleven Web site. The address is http://www.7-eleven.com/ . The conference call will be available on the Web site until Thursday, November 11, 2004.
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 21,000 7-Eleven stores in 17 other countries and U.S. territories throughout the world. During 2003, 7-Eleven stores worldwide generated total sales of more than $36 billion. Find out more online at http://www.7-eleven.com/ .
Contacts: Investor Relations: Media: Carole Davidson, CFA Margaret Chabris (214) 828-7021 (214) 828-7345