earnings
confidence high
sentiment positive
materiality 0.85
BJ's Wholesale Club Q4 comp sales +9.8%; adj EPS $1.00, +25%; FY23 comp +4-5%
BJ's Wholesale Club Holdings, Inc.
2022-FY EPS reported
$3.76
revenue$19,315,165,000
- Q4 revenue $4.93B (+13.1% YoY); GAAP EPS $0.95 (+21.8%); adjusted EPS $1.00 (+25.0%).
- FY22 revenue $19.3B (+15.9%); net income $513M (+20.3%); adjusted EBITDA $1.04B (first time).
- FY23 guidance: comp sales ex-gas +4-5%; membership fee +5-6%; EPS flat YoY incl 53rd wk benefit.
- Record 90% tenured renewal rate; digitally-enabled sales +22% YoY.
- Launched co-brand Mastercard with Capital One; extended term loan maturity to Feb 2027.