BJ's Wholesale Club Holdings, Inc. BJ reported mixed first-quarter results on Thursday.The company registered adjusted earnings per share of $1.14, beating the analyst consensus estimate of 92 cents. Quarterly revenues of $5.15 billion (+4.7% year over year) missed the Street view of $5.20 billion.“We reported a strong start to the year, demonstrating the power of our model and continued momentum in our long-term growth priorities,” said Bob Eddy, Chairman and Chief Executive Officer, BJ’s Wholesale Club. “ ...

BJ’s Wholesale Club Holdings, Inc. (BJ) reported mixed results for the first quarter of fiscal 2025. While revenues came in below the Zacks Consensus Estimate, earnings exceeded expectations. Both figures improved year over year, supported by modest growth in comparable club sales.BJ’s First-Quarter InsightsBJ’s Wholesale Club reported adjusted earnings of $1.14 per share, which came ahead of the Zacks Consensus Estimate of 91 cents and increased from 85 cents reported in the year-ago period. (See the Zacks ...

BJ's Wholesale Club (BJ -1.40%) reported its fiscal 2025 first-quarter results on May 22, with net sales up 4.7% to $5 billion, comparable sales (excluding gas) up 3.9%, and adjusted earnings per share (EPS) of $1.14. Operating income increased 27% and net income rose 35% year over year.Premium Membership Expansion Reaches Historic MilestoneDuring the 13-week period ending May 3, the warehouse club's share of higher-tier memberships grew by more than 100 basis points sequentially to surpass 40% for the firs ...

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Group 1 - BJ's Wholesale Club Holdings, Inc. reported fiscal Q1 results on May 22, showing sales nearly in line with Wall Street's consensus [1] - Profitability metrics indicated a decline compared to previous periods, raising concerns about the company's financial health [1] Group 2 - The company operates in the wholesale retail sector, which has been facing challenges due to changing consumer behaviors and economic conditions [1] - Analysts are closely monitoring BJ's performance as it reflects broader trends in the retail industry, particularly among small-cap companies [1]

BJ’s Wholesales (BJ) Q1 2026 Earnings Call May 22, 2025 08:30 AM ET Company Participants Catherine Park - VP - Investor RelationsBob Eddy - Chairman & CEOLaura Felice - EVP & CFOBill Werner - EVP - Strategy & DevelopmentKate McShane - Managing DirectorChuck Grom - Managing DirectorEdward Kelly - Managing Director - Equity ResearchTom Nass - VP - Equity ResearchSteven Zaccone - Director, Equity Research, Hardlines RetailMark Carden - Director - Equity Research Conference Call Participants Peter Benedict - Se ...

Financial Data and Key Metrics Changes - The company reported net sales of $5 billion, an increase of 4.7% year over year [25] - Merchandise comparable sales, excluding gas, increased by 3.9% year over year, driven by traffic and units [25] - First quarter earnings per share were $1.13, with adjusted earnings per share of $1.14 [28] Business Line Data and Key Metrics Changes - The perishables grocery and sundries division achieved over 4% comparable growth in the first quarter, with unit volumes increasing across all divisions [7] - The general merchandise and services division saw a slight decrease in comparable sales, although positive comps were recorded in apparel and toys [8] - Digitally enabled comparable sales grew by 35% year over year, contributing significantly to overall sales growth [26] Market Data and Key Metrics Changes - Total comparable club sales, including gas, grew by 1.6% year over year, with first quarter comp gallons rising about 2% year over year [26] - Membership fee income grew by 8.1% to approximately $120.4 million, benefiting from strong membership acquisition and retention [27] - The company ended the first quarter with inventory levels down 2% on a per club basis, indicating effective inventory management [29] Company Strategy and Development Direction - The company is focused on four strategic priorities: improving member loyalty, enhancing the shopping experience, delivering value conveniently, and expanding its footprint [11] - The company plans to open 25 to 30 new clubs over the next two years, with five new clubs opened in the first quarter [20] - Investments in digital conveniences and merchandising strategies are aimed at driving member engagement and loyalty [18][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the uncertain economic environment while maintaining a focus on delivering value to members [23] - The company anticipates that the current environment will influence costs and consumer spending patterns, which may impact financial performance [31] - Despite uncertainties, management is committed to long-term growth priorities and believes the business model is well-positioned to succeed [31] Other Important Information - The company has seen a significant increase in higher tier membership penetration, surpassing 40% for the first time in its history [13] - The Fresh 2.0 initiative has driven high single-digit to low double-digit growth in produce, with plans to extend similar strategies to meat and seafood [16][70] - The company is actively managing costs and pricing strategies in response to inflation and tariffs, aiming to minimize impacts on members [11][81] Q&A Session Summary Question: Update on real estate strategy and club openings - Management highlighted aggressive real estate strategies and the success of new clubs, with plans to accelerate openings in new and existing markets [41][45] Question: Long-term membership algorithm and customer engagement - Management confirmed strong membership growth and engagement, with no immediate changes to the long-term algorithm expected [49][51] Question: Margin investments and comp sales outlook - Management indicated that margin investments are focused on maintaining value while expecting comp sales to be stronger in the first half of the year [57][58] Question: Impact of tariffs on guidance and pricing strategies - Management acknowledged the complexity of tariff impacts but emphasized a proactive approach to sourcing and pricing to mitigate effects [80][82] Question: Share gains in discretionary categories and higher tier penetration - Management reported positive share gains in both food and non-food categories, with a goal to increase higher tier membership penetration beyond 50% [90][94]

BJ's Wholesale Club (BJ) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.27%. A quarter ago, it was expected that this wholesale membership warehouse operator would post earnings of $0.87 per share when it actually produced earnings of $0.93, delivering a surprise of 6.90%.Over the ...

BJ's Wholesale Club Investor Presentation Q1 FY25: Strong execution, membership and traffic May 2025 Forward-Looking Statements: This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation that do not relate to matters of historical fact should be considered forward- looking statements, including, without limitation, statements regarding our future results of operations and financial position; ...

Financial Performance - Net sales for the first quarter of fiscal 2025 increased by 4.7% to $5,033.1 million compared to $4,807.1 million in the same period last year[3] - Total revenues increased by 4.8% to $5,153.5 million from $4,918.5 million in the prior year[3] - Operating income grew by 26.7% to $203.6 million, while net income increased by 34.9% to $149.8 million[3] - Adjusted EBITDA for the quarter was $285.8 million, reflecting a 20.9% increase from $236.4 million in the previous year[9] - Net income for the thirteen weeks ended May 3, 2025, was $149,768,000, an increase of 35% compared to $111,019,000 for the same period in 2024[19] - Adjusted net income for the same period was $150,875,000, up from $113,408,000, resulting in an adjusted EPS of $1.14 compared to $0.85 in the prior year[33] - Adjusted EBITDA for the thirteen weeks ended May 3, 2025, was $285,836,000, a 20.9% increase from $236,386,000 in the same period last year[35] Membership and Sales Growth - Membership fee income rose by 8.1% year-over-year to $120.4 million, driven by strong membership acquisition and retention[5] - Comparable club sales increased by 1.6% year-over-year, with a 3.9% increase when excluding gasoline sales[5] - Fiscal 2025 guidance remains unchanged, with expected comparable club sales growth of 2.0% to 3.5% year-over-year and adjusted EPS projected to range from $4.10 to $4.30[10] Capital and Investment - The company opened five new clubs and four new gas stations during the quarter[5] - The company invested $140,497,000 in property and equipment during the period, compared to $105,741,000 in the prior year[19] Cash Flow and Debt - Net cash provided by operating activities was $208,093,000, slightly up from $200,847,000 in the previous year[39] - Adjusted free cash flow decreased to $67,596,000 from $95,106,000 year-over-year[39] - Total debt as of May 3, 2025, was $548,880,000, resulting in net debt of $509,396,000 after accounting for cash and cash equivalents[40] - The net debt to LTM adjusted EBITDA ratio was 0.4x, indicating a strong leverage position[40] - Cash and cash equivalents at the end of the period were $39,484,000, compared to $35,094,000 at the end of the same period last year[19] Asset Management - Total assets increased to $7,157.7 million as of May 3, 2025, compared to $6,824.7 million a year earlier[17] - The company experienced a significant increase in accounts receivable, net, which rose to $39,735,000 from $3,491,000 year-over-year[19] Shareholder Returns - The company repurchased 55,000 shares of common stock for a total of $6.2 million under its existing share repurchase program[9]