Dallas-based convenience store giant 7-Eleven has reported a 2% increase in its US same-store merchandise sales for May 2002, on top of a 3.9% increase in May 2001.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Total merchandise sales for May 2002 were US$628.6m, an increase of 2.6% over the May 2001 total of US$612.7m.
Gasoline sales for May 2002 were US$250.3m compared to US$271.8m in the prior-year period. Sales decreased 7.9% due to a 26-cent per gallon decline in the average retail price of gasoline year-over-year. The average retail price per gallon for May 2002 was US$1.45, compared to US$1.71 in May 2001. Although sales were lower, the average gallons of gasoline sold per store increased 5.6% in May 2002 compared to the May 2001 figure.
In the year-to-date period, US same-store merchandise sales are up 3.2%, on top of a 3.7% increase for 2001. Merchandise sales are US$2.84bn, an increase of 3.7% on 2001. Gasoline sales totalled US$1.06bn, a decrease of 10.3%. Average gasoline gallons sold per store month have increased 3.5%.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
