7-Eleven

7-Eleven Inc. (Dallas) posted a 14.9 percent increase in core earnings (which exclude non-operating items) for the second quarter ended June 30, 2005. Net earnings climbed 21.7 percent.

Total revenues for the quarter grew 9.1 percent, driven by strong growth in merchandise and gasoline sales. Total merchandise sales for the quarter increased 6.5 percent, driven primarily by a 5 percent increase in U.S. same-store merchandise sales. Categories that contributed to the merchandise sales increase included fresh food, hot and cold beverages, cigarettes and services.