earnings
confidence high
sentiment positive
materiality 0.85
Posts Q3 EPS $0.95, comps +9.7%; raises FY EPS to $3.70-$3.80
BJ's Wholesale Club Holdings, Inc.
2022-Q3 EPS reported
$2.81
revenue$14,385,570,000
- GAAP diluted EPS $0.95; adjusted EPS $0.99 (+8.8% YoY); net sales $4.69B (+12.3%).
- Total comparable club sales +9.7% (+5.3% ex-gas); membership fee income $99.5M (+8.7%).
- Digitally enabled sales surged 43% YoY; opened 3 new clubs in the quarter.
- Reduced net debt by $154M; net debt/EBITDA 0.9x; repurchased $50.1M in stock.
- Raised FY2022 comp ex-gas guidance to 5.0%-5.5%; EPS guidance to $3.70-$3.80.