7-Eleven, Inc. Reports September 2005 Sales Results
U.S. Same-Store Merchandise Sales Grow 4.0 Percent for the Month, Contributing to 36th Consecutive Quarterly Increase
DALLAS, Oct. 13 -- 7-Eleven, Inc. , today reported September 2005 sales results. Total September 2005 sales were $1,243.8 million, an increase of 20.7 percent over September 2004 sales of $1,030.7 million. The sales increase for September was primarily due to a sharp rise in retail gasoline prices, as well as a solid increase in merchandise sales.
Total merchandise sales for September 2005 were $715.8 million, an increase of 5.5 percent over the September 2004 total of $678.7 million. U.S. same-store merchandise sales for September 2005 increased 4.0 percent, on top of a 6.5 percent increase in September 2004.
Gasoline sales for September 2005 were $528.0 million, a 50.0 percent increase compared to $352.0 million in the prior-year period. Average gallons sold per store decreased 2.0 percent in September 2005 compared to an increase of 6.7 percent in September 2004. The average retail price of a gallon of gasoline for September 2005 was $2.91, compared to $1.90 in September 2004.
Year-to-Date Results
The results below compare year-to-date results through September 2005 to the same period last year:
* U.S. same-store merchandise sales have grown 4.9 percent, on top of 5.7 percent for 2004. * Merchandise sales total $6.29 billion, an increase of 5.6 percent. * Gasoline sales total $3.83 billion, an increase of 22.7 percent. * Average gallons sold per store have increased 0.9 percent, on top of 5.7 percent for 2004. * The average retail price of a gallon of gasoline was $2.27, compared to $1.85 in 2004. U.S. Same-Store Merchandise Sales Calculation
When determining the same-store merchandise sales calculation, the company includes the merchandise sales of both its U.S. company-owned and franchise- operated stores if they were operating for all days of the periods being compared. New stores, relocated stores or rebuilt stores are not included in the same-store sales calculation until they have recorded merchandise sales for all days of the periods being compared.
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 22,700 7-Eleven stores in 17 other countries and U.S. territories throughout the world. During 2004, 7-Eleven stores worldwide generated total sales of approximately $41 billion. Find out more online at http://www.7-eleven.com/ .
Contact Information: Carole Davidson, CFA Margaret Chabris Vice President, Investor Relations Media Relations (214) 828-7021 (214) 828-7345