BJ's Wholesale (BJ) Reports Increase in March Same-Store Sales
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BJ's Wholesale Club, Inc. (NYSE: BJ) reported that sales for March 2009 increased by 1.7% to $870.3 million from $855.9 million in March 2008. On a comparable club basis, sales for March 2009 decreased by 0.1%, including a negative impact from sales of gasoline of 8.6%. Excluding the negative impact of gasoline sales, merchandise comparable club sales increased by 8.5%. A calendar shift in the timing of Easter had a positive impact on comparable club sales of approximately 2.0%.
For March 2008, the Company reported a comparable club sales increase of 6.0%, including a positive impact from gasoline sales of 3.4%. A calendar shift in the timing of pre-Easter holiday sales versus March of 2007 had a negative impact on comparable club sales of approximately 2.5% to 3.0%. [SM]
For March 2008, the Company reported a comparable club sales increase of 6.0%, including a positive impact from gasoline sales of 3.4%. A calendar shift in the timing of pre-Easter holiday sales versus March of 2007 had a negative impact on comparable club sales of approximately 2.5% to 3.0%. [SM]
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