7-Eleven Sales Up
DALLAS -- 7-Eleven Inc., a convenience store giant with more than 5,800 stores in the United States and Canada, reported a 3.5-percent increase at its U.S. same-store merchandise sales for August 2002, on top of a 7.5 percent increase in August 2001.
The Dallas-based chain reported total merchandise sales for August 2002 were $683.2 million, an increase of 4.1 percent over the August 2001 total of $656.3 million. Gasoline sales for the month climbed 7.2 percent to $265 million for the year-ago period. Average gallons sold per store spiked 4.2 percent compared to August 2001.
The jump in gasoline sales is particularly relevant considering that prices have remained stable. The average retail gasoline price for last month was $1.44, compared to $1.43 in August 2001.
The Dallas-based chain reported total merchandise sales for August 2002 were $683.2 million, an increase of 4.1 percent over the August 2001 total of $656.3 million. Gasoline sales for the month climbed 7.2 percent to $265 million for the year-ago period. Average gallons sold per store spiked 4.2 percent compared to August 2001.
The jump in gasoline sales is particularly relevant considering that prices have remained stable. The average retail gasoline price for last month was $1.44, compared to $1.43 in August 2001.