BJ’s Wholesale Club (NYSE:BJ) Announces Earnings Results, Beats Expectations By $0.19 EPS

BJ’s Wholesale Club (NYSE:BJ) issued its earnings results on Friday. The company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.19, FiscalAI reports. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The firm had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the prior year, the firm earned $1.14 earnings per share. BJ’s Wholesale Club’s revenue for the quarter was up 15.7% on a year-over-year basis. 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 Price Performance

Shares of BJ’s Wholesale Club stock opened at $96.61 on Friday. The firm has a market cap of $12.34 billion, a PE ratio of 22.21, a P/E/G ratio of 3.24 and a beta of 0.21. BJ’s Wholesale Club has a twelve month low of $83.21 and a twelve month high of $105.78. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. The business has a 50-day moving average price of $91.50 and a 200 day moving average price of $93.77.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BJ shares. Bank of America initiated coverage on shares of BJ’s Wholesale Club in a report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective on the stock. William Blair cut shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday. Citigroup decreased their target price on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. JPMorgan Chase & Co. upped their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $105.33.

More BJ’s Wholesale Club News

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

Insider Buying and Selling

In other news, CEO Robert W. Eddy sold 73,016 shares of the business’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 value of $7,303,060.32. Following the completion of the sale, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. The trade was a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the company’s 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 transaction, the executive vice president directly owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several institutional investors and hedge funds have recently added to or reduced their stakes in BJ. State Street Corp raised its position in BJ’s Wholesale Club by 7.7% during the fourth quarter. State Street Corp now owns 5,471,805 shares of the company’s stock worth $492,627,000 after acquiring an additional 389,327 shares during the period. Wellington Management Group LLP grew its position in shares of 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 position in shares of BJ’s Wholesale Club by 38.6% in the second quarter. Select Equity Group L.P. now owns 2,411,459 shares of the company’s stock valued at $260,028,000 after purchasing an additional 672,122 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of BJ’s Wholesale Club by 33.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,927,593 shares of the company’s stock worth $173,542,000 after purchasing an additional 480,714 shares in the last quarter. Finally, Invesco Ltd. increased 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 worth $163,607,000 after purchasing an additional 130,531 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

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.