BJ’s Wholesale Club (NYSE:BJ – Get Free Report) issued its quarterly earnings results on Friday. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06, FiscalAI reports. The firm had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.44 billion. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.14 EPS. BJ’s Wholesale Club updated its FY 2026 guidance to 4.400-4.600 EPS.
Here are the key takeaways from BJ’s Wholesale Club’s conference call:
- BJ’s posted a solid Q1 with net sales up nearly 10%, comparable club sales up 6.3%, and adjusted EBITDA up 4%, while reaffirming full-year guidance for 2%–3% ex-gas comp growth and $4.40–$4.60 EPS.
- Membership remained a key growth engine, with fee income up about 10% to a record $132 million, total members at an all-time high, and continued strength in acquisition, retention, and higher-tier penetration.
- The company said its gas business drove major traffic and share gains, with comparable gallons up nearly 8% and record member demand as gas prices surged, reinforcing BJ’s value proposition despite volatility.
- New club expansion is progressing ahead of plan, especially in Texas, where membership is running 33% above plan and early openings are being described as among the company’s best ever; BJ’s expects 26 openings over its current two-year plan.
- BJ’s continued investing in price and member value, including passing through tariff refunds and improving price gaps, which helped drive roughly 0.5 points of retail deflation and pressured merchandise margins modestly. Management said additional tariff dollars could flow into Q2 and that it will keep balancing margin with value investments.
BJ’s Wholesale Club Price Performance
NYSE BJ traded down $7.13 on Friday, reaching $87.30. 1,036,867 shares of the company’s stock traded hands, compared to its average volume of 1,898,506. The stock has a market cap of $11.15 billion, a PE ratio of 19.86, a P/E/G ratio of 3.32 and a beta of 0.27. BJ’s Wholesale Club has a 12 month low of $86.68 and a 12 month high of $117.00. The stock has a 50-day simple moving average of $95.21 and a 200 day simple moving average of $94.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16.
BJ’s Wholesale Club News Roundup
- Positive Sentiment: BJ’s Wholesale Club beat first-quarter expectations, reporting adjusted EPS of $1.10 versus $1.04 expected, on revenue of $5.66 billion versus $5.44 billion forecast. Sales rose 9.9% year over year, helped by membership gains, strong traffic, digital sales, and solid demand at its gas stations. Article Title
- Positive Sentiment: Fitch assigned BJ’s a first-time investment-grade Long Term Issuer Default Rating of BBB, with stable outlook and BBB+ ratings on key credit facilities, signaling stronger financial credibility and potentially lower borrowing costs. Article Title
- Neutral Sentiment: The company lifted FY2026 EPS guidance to $4.40-$4.60, which is still only slightly below Wall Street’s $4.59 estimate, suggesting management is not seeing a major upside surprise beyond the quarter already reported.
- Neutral Sentiment: Analysts had been looking for continued membership growth and traffic momentum, but also noted possible margin pressure and a relatively modest outlook, which may limit the stock’s near-term reaction.
- Negative Sentiment: BJ’s is still trading below recent moving averages and near its 12-month low, and the stock had already been under pressure heading into earnings, so some investors may view the guidance as not strong enough to fully offset broader valuation concerns.
Insiders Place Their Bets
In related news, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the transaction, the senior vice president owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert W. Eddy sold 8,000 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. This represents a 2.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of BJ. Virtu Financial LLC bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at about $514,000. T. Rowe Price Investment Management Inc. raised its stake in shares of BJ’s Wholesale Club by 8.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,184,739 shares of the company’s stock valued at $106,663,000 after acquiring an additional 95,408 shares during the last quarter. Invesco Ltd. raised its stake in shares of BJ’s Wholesale Club by 7.7% during the fourth quarter. Invesco Ltd. now owns 1,817,247 shares of the company’s stock valued at $163,607,000 after acquiring an additional 130,531 shares during the last quarter. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth about $25,000. Finally, First Citizens Bank & Trust Co. boosted its holdings in shares of BJ’s Wholesale Club by 0.8% during the fourth quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock worth $1,267,000 after purchasing an additional 105 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently commented on BJ shares. Citigroup restated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, February 20th. JPMorgan Chase & Co. lowered their target price on shares of BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. DA Davidson boosted their price target on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Melius Research downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price objective on the stock. in a research report on Friday, January 23rd. Finally, William Blair reissued a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Hold” and a consensus price target of $107.53.
Read Our Latest Research Report on BJ’s Wholesale Club
About BJ’s Wholesale Club
BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.
Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.
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