business news in context, analysis with attitude

  • Wal-Mart Stores reported that September sales rose 10.8 percent to $25.74 billion from $23.24 billion in the year-ago period, with same store sales up 2.4 percent. However, analysts noted that same stores sales in September 2003 were up six percent, a much stronger performance than this year.

    Monthly sales from its Wal-Mart division jumped 9.4 percent to $17.17 billion on same-store sales growth of two percent, while Sam's Club sales gained 5.7 percent to $3.39 billion, with same-store sales up 4.5 percent.

    International division sales climbed 19.5 percent to $5.18 billion during September.

    Year-to-date sales grew 11.5 percent to $182 billion from $163.25 billion, with same-store sales at U.S. locations rising 3.8 percent

  • BJ's Wholesale Club Inc. reported that its September sales rose 12.1 percent to $676.8 million from $603.5 million a year ago, with same-store sales up 8.3 percent.

    Year-to-date, BJ’s total sales rose 11.8 percent to $4.66 billion from $4.17 billion last year, and same-store sales were up 7.3 percent.

  • Family Dollar Stores reported that its total sales for September ended rose 10.1 percent to $463.6 million, with same store sales up 1.5 percent.

  • Longs Drug Stores Corporation reported September preliminary total sales of $423.9 million, a 2.7 percent increase over sales of $412.9 million in the comparable period a year ago. Same store sales were up 1.7 percent for the period.

KC's View: