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DALLAS -- 7-Eleven Inc.’s sales report for August 2005 revealed the month’s total sales were $1.29 billion, an increase of 17.9 percent over August 2004 sales of $1.09 billion. Total merchandise sales for August 2005 were $762.6 million, an increase of 6.1 percent over the August 2004 total of $718.7 million. U.S. same-store merchandise sales for August 2005 increased 4.8 percent, on top of a 2.1 percent increase in August 2004.
Gasoline sales for August 2005 were $525.5 million, a 40.7 percent increase compared to $373.4 million in the prior-year period. Average gallons sold per store increased 4.4 percent in August 2005 compared to an increase of 3.6 percent in August 2004. The average retail price of a gallon of gasoline for August 2005 was $2.55, compared to $1.89 in August 2004.
U.S. same-store merchandise sales grew 5.0 percent, on top of 5.6 percent for 2004. Merchandise sales totaled $5.58 billion, an increase of 5.6 percent and gasoline sales total $3.30 billion, an increase of 19.2 percent. Average gallons sold per store have increased 1.3 percent, on top of 5.6 percent for 2004 and the average retail price of a gallon of gasoline is $2.19, compared to $1.85 in 2004.
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.