earnings
confidence high
sentiment positive
materiality 0.80
BJ's Wholesale Club Q1 EPS $0.82 (+39% YoY); comp sales +14.4%; membership fee income up 11.9%
BJ's Wholesale Club Holdings, Inc.
2022-Q1 EPS reported
$0.82
revenue$4,496,435,000
- Total comparable club sales +14.4% YoY; ex-gas +4.1%; digitally enabled sales +26%.
- Membership fee income $96.6M (+11.9% YoY); surpassed 6.5 million members.
- EPS $0.82 (diluted), +39% YoY; adjusted EPS $0.87 (+20.8%). FY2022 outlook unchanged (flat YoY).
- Repurchased 570,506 shares for $35.8M in Q1; completed Burris Logistics distribution center acquisition May 2.
- Gross profit $790.6M; merchandise margins down 30 bps on freight costs and inflationary investments.