BJ's Q1 net income record $116M, adj. EBITDA +16%, comp sales ex-gas +5.7%

BJ's Wholesale Club Holdings, Inc.

2023-Q1 EPS reported $0.85 revenue$4,723,142,000

Comparable club sales ex-gasoline rose 5.7% YoY; digitally enabled comp sales up 19.0%.
GAAP diluted EPS $0.85; adjusted EPS $0.85; income from continuing ops $116.0M (+3.1%).
Merchandise gross margin rate +100 bps YoY; membership fee income $102.5M (+6.1%).
Opened 2 new clubs and 3 gas stations in quarter; launched co-branded Capital One credit card.
Fiscal 2023 outlook unchanged; inventory ex-perishable DCs declined $77.5M YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BJ's Wholesale Club Holdings, Inc. reported thirteen weeks ended April 29, 2023 results: revenue Net sales $ 4,620,620, net income Net income 116,077, EPS 0.85. Guidance reaffirmed.

Period: thirteen weeks ended April 29, 2023
Revenue: Net sales $ 4,620,620
Net income: Net income 116,077
EPS: 0.85
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Key Measures for the Thirteen Weeks Ended April 29, 2023 (First Quarter Fiscal 2023): BJ'S WHOLESALE CLUB HOLDINGS, INC. (Amounts in thousands, except per share amounts) 13 Weeks Ended April 29, 2023 13 Weeks Ended April 30, 2022 % Growth Net sales $ 4,620,620 $ 4,399,810 5.0 % Membership fee income 102,522 96,625 6.1 % Total revenues 4,723,142 4,496,435 5.0 % Operating income 186,770 150,317 24.3 % Income from continuing operations 115,988 112,457 3.1 % Adjusted EBITDA (a) 256,983 220,801 16.4 % Net income 116,077 112,450 3.2 % EPS (b) 0.85 0.82 3.7 %

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

BJ's Wholesale Club Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001531152-23-000053

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.