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May 10, 2002

USA: 7-Eleven reports increase in April sales

Dallas-based convenience store giant 7-Eleven has seen a 3.4% increase in its US same-store merchandise sales for April 2002. Total merchandise sales for April 2002 were US$594.8m, an increase of 3.6% over the April 2001 total of US$574.2m. Gasoline sales for April 2002 were US$240.7m compared to US$246.1m in the prior-year period. Sales decreased 2.2% due to a 13-cent per gallon decline in the average retail price of gasoline year-over-year. The average retail price per gallon for April 2002 was US$1.46, compared to US$1.59 in April 2001. Although sales were lower, the average gallons of gasoline sold per store increased 4.3% in April 2002 compared to the April 2001 figure.

Dallas-based convenience store giant 7-Eleven has seen a 3.4% increase in its US same-store merchandise sales for April 2002.

Total merchandise sales for April 2002 were US$594.8m, an increase of 3.6% over the April 2001 total of US$574.2m.

Gasoline sales for April 2002 were US$240.7m compared to US$246.1m in the prior-year period. Sales decreased 2.2% due to a 13-cent per gallon decline in the average retail price of gasoline year-over-year. The average retail price per gallon for April 2002 was US$1.46, compared to US$1.59 in April 2001. Although sales were lower, the average gallons of gasoline sold per store increased 4.3% in April 2002 compared to the April 2001 figure.

The following results compare year-to-date results through April 2002 to the same period last year:

  • US same-store merchandise sales are up 3.6%, on top of a 3.6% increase for 2001
  • Merchandise sales are US$2,219.7m, an increase of 4.1%
  • Gasoline sales total US$814.4m, a decrease of 11%
  • Average gasoline gallons sold per store month have increased 3%.

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