earnings
confidence high
sentiment neutral
materiality 0.70
BJ's Wholesale Club Q3 sales up 14.4%, comps up 13.1%; authorizes $500M buyback
BJ's Wholesale Club Holdings, Inc.
2021-Q3 EPS reported
$2.31
revenue$12,309,464,000
- Net sales $4.17B (+14.4% YoY); total comparable sales +13.1% (2-year stacked +27.2%).
- EPS $0.92 (+4.5% YoY); adjusted EPS $0.91 (-1.1% YoY). Membership fee income +7.7%.
- Board approved new $500M share repurchase program (expires Jan 2025). Q3 repurchases $71.5M.
- Digitally-enabled sales growth +44% YoY (2-year stacked +244%); renewal rates at historic highs.
- No formal FY2022 guidance provided; management cites external uncertainties.