4 weeks ending May 31 2003 sales $495M4 weeks ending May 29 2004 sales $576M Net sales up 16.5%Comp sales up 12.1%17 weeks ending May 31 2003 sales $1.93B17 weeks ending May 29 2004 sales $2.19BNet sales up 13.2%Comp sales up 8.0%"Results for May reflect the re-merchandising of our clubs during the first quarter as well as better weather versus last year.“Comparable club sales increased in all markets with the highest increases in the Southeast and Metro New York regions.”“Excluding sales of gasoline, traffic increased by approximately 6% and the average transaction amount rose by approximately 4% in May.”Strongest sales increases compared to last year included:air conditioners & fansapparelbeerdairyhealth & beauty aidshousehold chemicalsmeatpaper productspet foodproducepre-recorded videosoda & waterWeaker categories included:automotivecereal & breakfast foodscomputer equipmentoffice suppliessmall appliances
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