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    7-Eleven's October Sales at $1.08 Billion

    Total merchandise sales rose 4.5 percent from last year.

    DALLAS -- 7-Eleven Inc. reported October sales of $1.08 billion, an increase of 14.8 percent over the October 2003 total of $942.8 million. Total merchandise sales for October were $680.4 million, an increase of 4.5 percent over last October's total of $651.0 million. U.S. same-store merchandise sales for the month increased 3.8 percent, on top of a 7.6 percent increase in the same time last year.

    Gasoline sales for October were $402.1 million, a 37.8 percent increase compared to $291.8 million in the prior-year period. Average gallons sold per store increased 7 percent for the month compared to the last October's result. The average retail price of gasoline for October was $2.04, compared to $1.58 in the same period a year ago.

    The following results compare year-to-date results through October 2004 to the same period last year:

    * U.S. same-store merchandise sales increased 5.5 percent, on top of a 3.1 percent increase for 2003.

    * Merchandise sales were $6.64 billion, an increase of 6.2 percent.

    * Gasoline sales totaled $3.52 billion, an increase of 23 percent.

    * Average gallons sold per store increased 5.9 percent.

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