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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.
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.