7-Eleven Same-Store Merchandise Sales Rise 5.7%

Gas sales up 23%, gallonage down

Published in CSP Daily News

DALLAS -- 7-Eleven Inc. has total April 2005 sales of $1.1092 billion, an increase of 12.3% over April 2004 sales of $987.9 million. Total merchandise sales for April 2005 were $690.7 million, an increase of 6.6% over the April 2004 total of $647.7 million. U.S. same-store merchandise sales for April 2005 increased 5.7%, on top of an 8.2% increase in April 2004.

Gasoline sales for April 2005 were $418.5 million, a 23% increase compared to $340.2million in the prior-year period. Average gallons sold per store decreased 0.7% in April 2005 compared to an [image-nocss] increase of 8.8% in April 2004. The average retail price of a gallon of gasoline for April 2005 was $2.28, compared to $1.84 in April 2004.

Year-to-date through April 2005, U.S. same-store merchandise sales grew 4.9%, on top of 6.6% for 2004. Merchandise sales totaled $2.5643 billion, an increase of 5.1%. Gasoline sales totaled $1.4929 billion, an increase of 17.7%.

Average gallons sold per store have increased 0.7%, on top of 7.6% for 2004. The average retail price of a gallon of gasoline is $2.05, compared to $1.73 in 2004.

Dallas-based 7-Eleven operates or franchises approximately 5,800 7-Eleven stores in the United States and Canada and licenses approximately 22,300 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.