secwatch.observer — SEC 8-K summary
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Issuer:     BJ's Wholesale Club Holdings, Inc. (BJ)
CIK:        0001531152
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0001531152-24-000067
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Q1 adj EPS $0.85 flat YoY; net income down 4.4%, comp sales +1.6%
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- Net income $111.0M vs $116.1M YoY; GAAP EPS $0.83 vs $0.85; adjusted EPS $0.85 flat.
- Total revenues $4.92B (+4.1% YoY); membership fee income $111.4M (+8.6%).
- Comparable club sales +1.6% (ex-gas +0.6%); digitally enabled comp sales +21%.
- Merchandise gross margin rate down 50 bps; SG&A rose to $721.8M on labor and occupancy.
- Repurchased 405K shares for $30.2M; FY2024 outlook unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1531152/000153115224000067/0001531152-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1531152/000153115224000067/bj-20240523.htm
  HTML page:      https://secwatch.observer/filing/0001531152-24-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer