Banner Day for 7-Eleven
DALLAS -- 7-Eleven Inc. reported total June 2005 sales results of $1,146.8 million, an increase of 9.1 percent over June 2004 sales of $1,051.3 million. Total merchandise sales for June 2005 were $734.4 million, an increase of 6.9 percent over the June 2004 total of $687.0 million. U.S. same-store merchandise sales for June 2005 increased 5.9 percent, on top of a 5.5 percent increase in June 2004.
Gasoline sales for June 2005 were $412.4 million, a 13.2 percent increase compared to $364.3 million in the prior-year period. Average gallons sold per store increased 4.1 percent in June 2005 compared to an increase of 2.3 percent in June 2004. The average retail price of a gallon of gasoline for June 2005 was $2.19, compared to $2.01 in June 2004.
For the year to date, U.S. same-store merchandise sales grew 4.8 percent, on top of 6.6 percent growth for 2004; merchandise sales totaled $4,029.3 million, an increase of 5.3 percent. Gasoline sales totaled $2,320.2 million, an increase of 14.9 percent, while average gallons sold per store increased 0.8 percent, on top of 6.3 percent for 2004. The average retail price of a gallon of gasoline is $2.10, compared to $1.83 in 2004.
Slurpee Day
In addition to celebrating strong June sales, 7-Eleven had two more reasons to throw a party: the company's return to the New York City market and the fortieth anniversary of the Slurpee.
At the grand opening of the New York city store, 7-Eleven executives and were present to hand out free samples of Slurpees and fresh food offerings. Local officials joined 7-Eleven CEO Jim Keyes for the ceremony, in which they all cut -- instead of a ribbon -- a 7-foot, 11-inch sandwich. New York City Department of Small Business Services Commissioner Robert Walsh read a proclamation from Mayor Michael Bloomberg declaring July 11 “7-Eleven Day” in New York City, and Keyes presented a scholarship for $8,000 to local Baruch College.
New Yorkers weren't the only ones getting free Slurpees: All of the company's 5,800 U.S. convenience stores gave out samples in honor of the Slurpee's fortieth anniversary. For more on the anniversary celebration, click here.
Gasoline sales for June 2005 were $412.4 million, a 13.2 percent increase compared to $364.3 million in the prior-year period. Average gallons sold per store increased 4.1 percent in June 2005 compared to an increase of 2.3 percent in June 2004. The average retail price of a gallon of gasoline for June 2005 was $2.19, compared to $2.01 in June 2004.
For the year to date, U.S. same-store merchandise sales grew 4.8 percent, on top of 6.6 percent growth for 2004; merchandise sales totaled $4,029.3 million, an increase of 5.3 percent. Gasoline sales totaled $2,320.2 million, an increase of 14.9 percent, while average gallons sold per store increased 0.8 percent, on top of 6.3 percent for 2004. The average retail price of a gallon of gasoline is $2.10, compared to $1.83 in 2004.
Slurpee Day
In addition to celebrating strong June sales, 7-Eleven had two more reasons to throw a party: the company's return to the New York City market and the fortieth anniversary of the Slurpee.
At the grand opening of the New York city store, 7-Eleven executives and were present to hand out free samples of Slurpees and fresh food offerings. Local officials joined 7-Eleven CEO Jim Keyes for the ceremony, in which they all cut -- instead of a ribbon -- a 7-foot, 11-inch sandwich. New York City Department of Small Business Services Commissioner Robert Walsh read a proclamation from Mayor Michael Bloomberg declaring July 11 “7-Eleven Day” in New York City, and Keyes presented a scholarship for $8,000 to local Baruch College.
New Yorkers weren't the only ones getting free Slurpees: All of the company's 5,800 U.S. convenience stores gave out samples in honor of the Slurpee's fortieth anniversary. For more on the anniversary celebration, click here.