BJ's Wholesale Club Analysts Increase Their Forecasts After Q1 Results

Core Viewpoint - BJ's Wholesale Club reported mixed first-quarter results, with adjusted earnings per share exceeding analyst expectations but revenues falling short of projections [1][2]. Financial Performance - Adjusted earnings per share for the first quarter were $1.14, surpassing the consensus estimate of $0.92 [1]. - Quarterly revenues reached $5.15 billion, reflecting a year-over-year increase of 4.7%, but missed the expected $5.20 billion [1]. Future Guidance - The company reaffirmed its full-year 2025 adjusted earnings guidance of $4.10 to $4.30 per share, compared to the $4.24 estimate [2]. - BJ's expects comparable club sales (excluding gasoline) to grow between 2.0% and 3.5% for the year [2]. - Planned capital expenditures for the year are approximately $800 million [2]. Stock Performance and Analyst Ratings - Following the earnings announcement, BJ's Wholesale shares experienced a slight decline of 0.1%, closing at $115.88 [3]. - Analysts have adjusted their price targets for BJ's Wholesale, with Morgan Stanley raising it from $115 to $125, Loop Capital from $110 to $120, and Wells Fargo from $125 to $127 [8].