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DALLAS -- 7-Eleven Inc. reported July 2005 sales results, with total sales of $1,236.7 million, an increase of 11.7 percent over July 2004 sales of $1,107.3 million. Total merchandise sales for July 2005 were $783.1 million, an increase of 7.0 percent over the July 2004 total of $732.2 million.
The Dallas-based company, with approximately 5,800 stores in the United States, showed a 5.9 percent increase in U.S. same-store merchandise sales for July 2005, on top of a 4.2 percent increase in July 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.
Gasoline sales for July 2005 were $453.6 million, a 20.9 percent increase compared to $375.1 million in the prior-year period. Average gallons sold per store increased 0.9 percent in July 2005, compared to an increase of 3.6 percent in July 2004. The average retail price of a gallon of gasoline for July 2005 was $2.33, compared to $1.94 in July 2004.
For the year to date, U.S. same-store merchandise sales have grown 5.0 percent, on top of 6.2 percent for 2004. Merchandise sales totaled $4,812.4 million, an increase of 5.6 percent over the same period last year. Gasoline sales totaled $2,773.8 million, an increase of 15.8 percent, and average gallons sold per store have increased 0.8 percent, on top of 5.9 percent for 2004. The average retail price of a gallon of gasoline is $2.13, compared to $1.84 in 2004.