BJ’s Wholesale Club (NYSE:BJ – Get Free Report) posted its quarterly earnings results on Friday. The company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19, FiscalAI reports. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.BJ’s Wholesale Club’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period last year, the firm earned $1.14 earnings per share. BJ’s Wholesale Club updated its FY 2026 guidance to 4.600-4.800 EPS.
Here are the key takeaways from BJ’s Wholesale Club’s conference call:
- Strong second-quarter performance: Net sales rose 15.9% to $6.1 billion, merchandise comparable sales increased 3.1%, and adjusted EPS grew 19.3% to $1.36, aided by better-than-planned fuel profits.
- Membership and customer engagement continued to expand. Members reached 8.5 million, membership fee income grew 9.9%, higher-tier penetration reached 43%, and digitally enabled sales increased 30%.
- BJ’s reported sustained market-share and traffic gains, including its 18th consecutive quarter of traffic growth and 15th consecutive quarter of market-share gains. Comp fuel gallons rose 10.5% while industry fuel gallons declined approximately 5%.
- The company raised its full-year adjusted EPS outlook to $4.60–$4.80 while maintaining its 2%–3% comparable sales guidance, and continues to pursue expansion with 25–30 new clubs planned every two years.
- Management plans to remove roughly 20% of SKUs over the next several years to reduce unnecessary assortment overlap and improve margins, but cautioned that membership-fee growth should moderate to about a 6% exit rate as the prior fee increase laps.
BJ’s Wholesale Club Trading Up 5.8%
NYSE:BJ opened at $96.61 on Friday. The stock’s 50 day moving average price is $91.50 and its 200 day moving average price is $93.77. The company has a market capitalization of $12.34 billion, a PE ratio of 21.14, a P/E/G ratio of 3.42 and a beta of 0.21. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. BJ’s Wholesale Club has a 52-week low of $83.21 and a 52-week high of $105.78.
Analyst Upgrades and Downgrades
Read Our Latest Analysis on BJ
Insider Activity at BJ’s Wholesale Club
In other news, EVP Scott Schmadeke sold 16,500 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the sale, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robert W. Eddy sold 73,016 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the transaction, the chief executive officer owned 282,330 shares in the company, valued at approximately $28,238,646.60. This trade represents a 20.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.
Institutional Trading of BJ’s Wholesale Club
Several institutional investors and hedge funds have recently bought and sold shares of BJ. State Street Corp boosted its stake in BJ’s Wholesale Club by 7.7% during the 4th quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after purchasing an additional 389,327 shares during the period. Wellington Management Group LLP increased its stake in BJ’s Wholesale Club by 5.5% in the fourth quarter. Wellington Management Group LLP now owns 3,452,562 shares of the company’s stock valued at $310,834,000 after purchasing an additional 179,723 shares during the period. Select Equity Group L.P. grew its holdings in shares of BJ’s Wholesale Club by 38.6% during the second quarter. Select Equity Group L.P. now owns 2,411,459 shares of the company’s stock worth $260,028,000 after buying an additional 672,122 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in BJ’s Wholesale Club by 33.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,927,593 shares of the company’s stock valued at $173,542,000 after acquiring an additional 480,714 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of BJ’s Wholesale Club by 7.7% in the fourth quarter. Invesco Ltd. now owns 1,817,247 shares of the company’s stock valued at $163,607,000 after purchasing an additional 130,531 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.
BJ’s Wholesale Club News Summary
Here are the key news stories impacting BJ’s Wholesale Club this week:
- Positive Sentiment: Quarterly results beat estimates. BJ reported adjusted earnings of $1.36 per share versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with expectations of $5.97 billion. Earnings rose from $1.14 per share a year earlier, and revenue increased approximately 15.7% year over year. BJ’s Wholesale Club Announces Second Quarter Fiscal 2026 Results
- Positive Sentiment: Management raised fiscal 2026 earnings guidance. BJ now expects earnings per share of $4.60 to $4.80, above the prior consensus estimate of approximately $4.59. The improved outlook reinforces investor confidence in the company’s earnings momentum. BJ’s Wholesale Club tops Q2 expectations, raises earnings outlook
- Positive Sentiment: Value positioning is attracting shoppers. CEO Bob Eddy cited BJ’s value proposition at its gas stations and clubs as a major driver of results. Strong comparable sales, membership-fee income and membership momentum indicate that BJ is benefiting from demand among budget-conscious consumers. BJ’s CEO discusses value at the pump
- Neutral Sentiment: BJ continues expanding its store footprint, including a proposed Tyler, Texas location expected to create up to 150 jobs and plans advancing in New Hartford, New York. These projects could support longer-term growth but are unlikely to materially affect near-term earnings. BJ’s Wholesale Club Tyler location
- Negative Sentiment: Chief Commercial Officer Paul Cichocki’s retirement introduces a management-transition consideration, although the announcement did not indicate an immediate operational disruption. BJ’s Wholesale Club financial results and CCO retirement
BJ’s Wholesale Club Company Profile
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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