BJ’s Wholesale Club Reports June Sales Results

BJ’s Wholesale Club, Inc. (NYSE: BJ) today reported that sales for June 2008 increased by 18.8% to $1.05 billion from $887 million in June 2007. On a comparable club basis, sales for June 2008 increased by 16.5%, including a contribution from sales of gasoline worth 8.2%. Merchandise comparable club sales of 8.3% reflected a higher than expected mix of low-margin consumable items such as paper products, health & beauty aids and household chemicals.

 Five Weeks Ended Five Weeks Ended July 5, 2008     July 7, 2007 ————————————-================-================ Merchandise comparable club sales                8.3%             4.3% —————————————————– —————- Impact of gasoline sales                         8.2%             1.4% —————————————————– —————- Impact of closed pharmacies                        –             (0.4) —————————————————– —————- Comparable club sales                           16.5%             5.3% ————————————-================-================ 

 Sales Results for June 2008 ($ in thousands) Five Weeks Ended                                 % Change July 5,        July 7,                           Net       Comp. 2008           2007                           Sales      Sales ————–  ————                     ———- ———- $1,053,811      $886,752                         18.8%       16.5%  Twenty-two Weeks Ended                              % Change July 5,        July 7,                           Net       Comp. 2008           2007                           Sales      Sales ————–  ————                     ———- ———- $4,136,980    $3,608,865                         14.6%       12.0% 

The Company provided the following additional information regarding comparable club sales for June 2008:

— By week, the strongest sales increase was in week 5 and the lowest sales increase was in week 4, reflecting a shift in the timing of the July 4 holiday versus last year.

— By region, the Southeast and Upstate New York had the highest sales increases and the Metro New York region had the lowest sales increase.

— Excluding sales of gasoline, traffic increased by approximately 6% versus last year and the average transaction amount increased by approximately 2%.

— Sales of food increased by approximately 11%, driven by strong sales of perishable foods. Sales of general merchandise increased by approximately 4%, driven by strong sales of air conditioners and consumer packaged goods.

— Departments with the strongest sales increases compared to last year included air conditioners, bakery, coffee, cookies, dairy, frozen, health & beauty, household chemicals, meat, oils & shortenings, pet food, paper, produce, soda and water, snacks, toys and video games. Weaker departments versus last year included cigarettes, electronics, residential furniture, jewelry, storage and televisions.

The Company currently operates 178 BJ’s Wholesale clubs in 16 states. BJ’s introduced the wholesale club concept to New England in 1984 and has since expanded to become a leading warehouse chain in the eastern United States. BJ’s press releases and filings with the SEC are available on the Internet at www.bjs.com.