earnings
confidence high
sentiment positive
materiality 0.80
BJ's Wholesale Q2 EPS $0.97 vs $1.03 YoY; comps ex-gas +1.1%; FY EPS guidance $3.80-$3.92
BJ's Wholesale Club Holdings, Inc.
2023-Q2 EPS reported
$1.83
revenue$9,686,682,000
- Net sales $4.86B (-2.9% YoY); total comparable club sales -5.3% (+1.1% ex-gas).
- Membership fee income $103.7M (+5.0%); merchandise gross margin +90 bps YoY.
- GAAP diluted EPS $0.97 vs $1.03 YoY; adjusted EPS $0.97 vs $1.06.
- FY23 guidance: comps ex-gas ~+2%; membership fee income +5%; margins +50 bps; EPS $3.80-$3.92.
- Repurchased 715K shares for $44.6M in Q2; opened one new club and one gas station.