earnings
confidence high
sentiment positive
materiality 0.70
BJ's Wholesale Club Q3 EPS $0.97, membership income up 6.6%; full-year EPS guidance unchanged $3.80-$3.92
BJ's Wholesale Club Holdings, Inc.
2023-Q3 EPS reported
$2.79
revenue$14,611,405,000
- Q3 net sales $4.82B (+2.8% YoY); diluted EPS $0.97; adjusted EPS $0.98.
- Membership fee income $106.1M (+6.6%); digitally enabled comp sales +16%; merchandise gross margin +30bps.
- Comparable club sales ex-gasoline approx flat (-0.1%); traffic and market share gains cited.
- Outlook: Q4 comparable sales ex-gasoline -2% to +1%; FY2023 GAAP & adjusted EPS unchanged $3.80-$3.92.
- Repaid $50M term loan principal, extended maturity to 2029, rate reduced to SOFR+200bps.