BJ's Wholesale Club (BJ) Tops Q3 EPS by 3c; Offers FY EPS Guidance

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Go back to BJ's Wholesale Club (BJ) Tops Q3 EPS by 3c; Offers FY EPS Guidance

BJ’s Wholesale Club Holdings, Inc. Announces Third Quarter Fiscal 2023 Results

November 17, 2023 6:45 AM EST

Strong third quarter earnings led by membership growth, traffic and margin improvement  

Third Quarter Fiscal 2023 Highlights

Comparable club sales, excluding gasoline sales, remained approximately flat year-over-year Digitally enabled comparable sales growth was 16.0% year-over-year Membership fee income increased by 6.6% year-over-year to $106.1 million Merchandise gross margin rate increased by 30 basis points year-over-year Earnings per diluted share of $0.97 and adjusted earnings per diluted share of $0.98 Income from continuing operations of $130.5 million Adjusted EBITDA of $274.9 million

MARLBOROUGH, Mass.--(BUSINESS WIRE)-- BJs... More