BJ’s Wholesale Club (NYSE:BJ) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

BJ’s Wholesale Club (NYSE:BJ) announced its quarterly earnings results on Friday. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06, FiscalAI reports. The business 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 quarterly revenue was up 9.9% on a year-over-year basis. During the same period 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 Stock Performance

BJ’s Wholesale Club stock traded down $7.67 during mid-day trading on Friday, hitting $86.76. 1,344,636 shares of the company’s stock traded hands, compared to its average volume of 1,900,046. The company has a quick ratio of 0.16, a current ratio of 0.75 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club has a one year low of $86.68 and a one year high of $117.00. The firm has a 50 day moving average price of $95.21 and a 200 day moving average price of $94.48. The company has a market cap of $11.08 billion, a PE ratio of 19.78, a price-to-earnings-growth ratio of 3.32 and a beta of 0.27.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BJ shares. JPMorgan Chase & Co. lowered their price objective on BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th. Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research report on Wednesday. They set a “neutral” rating and a $110.00 price target for the company. The Goldman Sachs Group dropped their price objective on shares of BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Finally, DA Davidson lifted their price objective 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. Nine research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, BJ’s Wholesale Club currently has an average rating of “Hold” and a consensus target price of $107.53.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total transaction of $186,939.50. Following the transaction, the senior vice president directly owned 14,769 shares in the company, valued at approximately $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 can be accessed through this link. 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 value of $728,160.00. Following the completion of the sale, the chief executive officer directly owned 306,330 shares in the company, valued at $27,882,156.60. This represents a 2.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. First Citizens Bank & Trust Co. lifted its holdings in BJ’s Wholesale Club by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after acquiring an additional 105 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 12,827 shares of the company’s stock worth $1,155,000 after purchasing an additional 108 shares during the last quarter. Elevation Point Wealth Partners LLC grew its stake in shares of BJ’s Wholesale Club by 2.1% in the 4th quarter. Elevation Point Wealth Partners LLC now owns 7,100 shares of the company’s stock worth $639,000 after purchasing an additional 144 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of BJ’s Wholesale Club by 147.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in BJ’s Wholesale Club by 21.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 995 shares of the company’s stock valued at $90,000 after purchasing an additional 176 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

BJ’s Wholesale Club News Roundup

Here are the key news stories impacting BJ’s Wholesale Club this week:

• 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.

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.