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BJ's Wholesale Club Holdings Inc
F:8BJ

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BJ's Wholesale Club Holdings Inc Logo
BJ's Wholesale Club Holdings Inc
F:8BJ
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Price: 73 EUR -1.35% Market Closed
Market Cap: €9.7B

BJ's Wholesale Club Holdings Inc
Investor Relations

BJ’s Wholesale Club is a membership-based warehouse retailer. It sells groceries, fresh food, household staples, cleaning products, electronics, home goods, and other everyday items, mostly in large-pack or bulk sizes, through its clubs and online channels. Its main customers are value-focused households, especially families, along with small businesses that buy supplies in larger quantities. The company makes money in two ways: it collects annual membership fees and it sells merchandise to members. It also offers extra services that fit the warehouse-club model, such as gas, optical, tires, and other in-club convenience services. BJ’s uses a limited assortment and a private-label mix to keep prices low and turn inventory quickly. What makes BJ’s business model different is that it sits between a supermarket and a discount store. Members pay to shop there, and in return they get access to a narrower, lower-cost selection than a full-service retailer would carry. That membership structure helps BJ’s build repeat traffic and gives it a steady stream of fee income alongside product sales.

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Last Earnings Call
Fiscal Period
Q1 2027
Call Date
May 22, 2026
AI Summary
Q1 2027

Solid start: BJ's said Q1 was a solid start to fiscal 2026, with net sales up nearly 10% and comparable club sales up 6.3%.

Membership strength: Membership fee income rose approximately 10% to $132 million, helped by strong acquisition, retention and higher-tier penetration, and total members hit an all-time high.

Value investing: Management leaned into price investment, including tariff refunds returned to members, which helped retail pricing deflate about 0.5 point and improve price gaps.

Gas standout: Fuel was a major traffic driver, with comparable gallons up nearly 8% and management saying share gains were especially strong as gas prices jumped sharply.

Texas launch: New clubs in Texas are off to a very strong start, with membership in the four Texas clubs running 33% ahead of plan and approximately 100,000 members in Dallas-Fort Worth.

Guidance held: BJ's kept full-year guidance unchanged, still expecting comparable club sales excluding gasoline to rise 2% to 3% and adjusted EPS to be $4.40 to $4.60.

Key Financials
Net sales
$5.5 billion
Total comparable club sales
6.3%
Comparable club sales excluding gasoline
1.5%
Membership fee income
$132 million
Merchandise gross margin
down approximately 10 basis points
Merchandise gross margin excluding tariff refund benefits
down 60 basis points
SG&A expense
$806 million
Comparable gallons
up nearly 8%
Adjusted EBITDA
$298 million
Adjusted earnings per share
$1.10
Tax rate
27%
Inventory
up 6.5% year-over-year
Inventory per club
up 2.8%
Share repurchases
$207 million
Remaining share authorization
approximately $545 million
Fuel retail pricing deflation
roughly 0.5 point
New club openings planned for 2026
12
New clubs vs. 2-year plan
26 clubs
Texas club membership vs. plan
33% ahead of plan
Texas club members in Dallas-Fort Worth
approximately 100,000
Digitally enabled comparable sales
28%
Fuel price increase at quarter end
nearly 50%
Other Earnings Calls

Management

Mr. Robert W. Eddy
CEO & Chairman
No Bio Available
Ms. Laura L. Felice CPA, CGMA
Executive VP & CFO
No Bio Available
Mr. Paul Cichocki
Executive VP & Chief Commercial Officer
No Bio Available
Scott Schmadeke
Executive Vice President & Chief Operations Officer
No Bio Available
Ms. Anjana Harve
Executive VP & Chief Information Officer
No Bio Available
Ms. Catherine Park
Vice President of Investor Relations
No Bio Available
Mr. Graham N. Luce J.D.
Executive VP, General Counsel & Secretary
No Bio Available
Mr. Mark Griffin
Executive VP & Chief Human Resources Officer
No Bio Available
Ms. Monica Schwartz
Executive VP & Chief Digital Officer
No Bio Available
Ms. Rachael B. Vegas
Executive VP & Chief Merchandising Officer
No Bio Available

Contacts

Address
MASSACHUSETTS
Westborough
25 Research Dr
Contacts
+17745127400.0
www.bjs.com
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