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DALLAS - 7-Eleven, Inc. today reported total sales for May 2003 of $951.7 million, an increase of 8.3 percent over the May 2002 total of $878.9 million. Total merchandise sales for May 2003 were $670.3 million, an increase of 6.6 percent over the May 2002 total of $628.6 million. U.S. same store merchandise sales for May 2003 increased 4.9 percent, on top of a 2.0 percent increase in May 2002.
Gasoline sales for May 2003 were $281.4 million, a 12.4 percent increase compared to $250.3 million in the prior-year period. Average gallons sold per store increased 6.1 percent in May 2003 compared to the May 2002 result. The average retail price of gasoline for May 2003 was $1.53, compared to $1.45 in May 2002.
In a comparison of year-to-date results through May 2003 with the same period last year, 7-Eleven's same store merchandise sales have increased 3.9 percent on top of a 3.2 percent increase for 2002; merchandise sales are $3.0 billion, an increase of 5.4 percent; and gasoline sales, which total $1.4 billion, increased 31.1 percent with the average gallons sold per store increasing 5.3 percent.