Key Takeaways BJ's digital comparable sales jumped 34% in Q2, driving a 56% increase over two years.More than 90% of digital orders were fulfilled through clubs, boosting loyalty and efficiency.Membership hit 8M with higher-tier members at 41%, fueling record $123.3M in fee income.BJ’s Wholesale Club Holdings, Inc. (BJ) is making significant strides in its digital transformation, with the latest quarter underscoring how technology is reshaping member engagement. In the second quarter of fiscal 2025, digital ...

Core Viewpoint - BJ's Wholesale Club has shown strong performance in 2025, with a stock increase of 34.3% year to date, significantly outperforming the industry and the S&P 500 [1][2]. Membership and Revenue Growth - The company has surpassed 7.5 million members, achieving a renewal rate of 90%, which has contributed to a 7.9% year-over-year increase in membership fee income in Q4 of fiscal 2024 [6][7]. - Membership fee income is expected to grow at approximately 10.2% for fiscal 2025 [7]. Digital and Operational Advancements - BJ's has enhanced its digital capabilities, offering services like same-day delivery and curbside pick-up, which have led to a 26% year-over-year growth in digitally enabled comparable sales in Q4 of fiscal 2024 [8][9]. - The company plans to open 25 to 30 new clubs over the next two fiscal years, targeting high-growth regions and underserved markets [3]. Financial Performance and Valuation - The Zacks Consensus Estimate for earnings per share has been revised upward, indicating expected growth rates of 4.4% for the current fiscal year and 10% for the next fiscal year [10]. - BJ's forward 12-month price-to-earnings ratio is 27.79, higher than the industry average of 20.78, reflecting investor confidence in the company's growth potential [11][12]. Long-term Financial Guidance - The company has guided for mid-single-digit percentage growth in total revenue and low-to-mid single-digit percentage increases in comparable club sales, excluding gasoline sales [13].

BJ's Wholesale Club Holdings, Inc. (BJ) continues to demonstrate strong performance, fueled by its strategic focus on membership growth and digital innovations. The company's results for fiscal 2024 reflect its commitment to enhancing member loyalty, refining product assortments, improving digital capabilities and expanding its club network — all of which are crucial for driving growth. Membership Growth Fuels BJ's Momentum BJ's Wholesale has long recognized that membership is the cornerstone of its busines ...