---
schema_version: "secwatch.filing_event.v1"
accession: "0001531152-23-000053"
form_type: "8-K"
ticker: "BJ"
cik: "0001531152"
company_name: "BJ's Wholesale Club Holdings, Inc."
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:17:11.483874+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001531152-23-000053
- form_type: 8-K
- ticker: BJ
- cik: 0001531152
- company_name: BJ's Wholesale Club Holdings, Inc.
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1531152/000153115223000053/0001531152-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1531152/000153115223000053/bj-20230523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001531152-23-000053
- JSON: https://secwatch.observer/filing/0001531152-23-000053.json
- Plain text: https://secwatch.observer/filing/0001531152-23-000053.txt

## Key facts
- Earnings Releases
  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
  source text: 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 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1531152/000153115223000053/0001531152-23-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.