BJ’s Wholesale Club (NYSE:BJ) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

BJ’s Wholesale Club (NYSE:BJ) released its quarterly earnings data on Friday. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06, FiscalAI reports. The company had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. BJ’s Wholesale Club’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.14 EPS. BJ’s Wholesale Club updated its FY 2026 guidance to 4.400-4.600 EPS.

Here are the key takeaways from BJ’s Wholesale Club’s conference call:

• BJ’s posted a solid Q1 with net sales up nearly 10%, comparable club sales up 6.3%, and adjusted EBITDA up 4%, while reaffirming full-year guidance for 2%–3% ex-gas comp growth and $4.40–$4.60 EPS.
• Membership remained a key growth engine, with fee income up about 10% to a record $132 million, total members at an all-time high, and continued strength in acquisition, retention, and higher-tier penetration.
• The company said its gas business drove major traffic and share gains, with comparable gallons up nearly 8% and record member demand as gas prices surged, reinforcing BJ’s value proposition despite volatility.
• New club expansion is progressing ahead of plan, especially in Texas, where membership is running 33% above plan and early openings are being described as among the company’s best ever; BJ’s expects 26 openings over its current two-year plan.
• BJ’s continued investing in price and member value, including passing through tariff refunds and improving price gaps, which helped drive roughly 0.5 points of retail deflation and pressured merchandise margins modestly. Management said additional tariff dollars could flow into Q2 and that it will keep balancing margin with value investments.

BJ’s Wholesale Club Stock Performance

Shares of BJ stock opened at $86.48 on Friday. The company has a market capitalization of $11.04 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 3.17 and a beta of 0.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.75. The company has a 50-day simple moving average of $95.07 and a 200 day simple moving average of $94.42. BJ’s Wholesale Club has a 52 week low of $85.13 and a 52 week high of $117.00.

Insider Activity

In related news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the completion of the sale, the chief executive officer owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. The trade was a 2.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total transaction of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares of the company’s stock, valued at $1,346,785.11. The trade was a 12.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Institutional Trading of BJ’s Wholesale Club

A number of institutional investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new stake in BJ’s Wholesale Club in the 4th quarter valued at about $514,000. T. Rowe Price Investment Management Inc. boosted its holdings in BJ’s Wholesale Club by 8.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,184,739 shares of the company’s stock valued at $106,663,000 after purchasing an additional 95,408 shares during the period. Invesco Ltd. boosted its holdings in BJ’s Wholesale Club by 7.7% in the 4th quarter. Invesco Ltd. now owns 1,817,247 shares of the company’s stock valued at $163,607,000 after purchasing an additional 130,531 shares during the period. Strive Financial Group LLC bought a new stake in BJ’s Wholesale Club in the 4th quarter valued at about $25,000. Finally, First Citizens Bank & Trust Co. boosted its holdings in BJ’s Wholesale Club by 0.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company’s stock valued at $1,267,000 after purchasing an additional 105 shares during the period. Institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BJ shares. Jefferies Financial Group lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $120.00 to $90.00 in a research note on Wednesday, January 28th. Evercore restated a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. JPMorgan Chase & Co. lowered their price objective on shares of BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. William Blair restated a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Finally, DA Davidson boosted their price objective on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $106.75.

BJ’s Wholesale Club News Roundup

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: BJ’s Q1 earnings and revenue both topped estimates, with EPS of $1.10 versus $1.04 expected and revenue of $5.66 billion versus $5.44 billion expected. BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: Management said membership gains, fuel sales, and digital sales all accelerated, reinforcing BJ’s value-oriented business model as inflation-weary shoppers continue to seek lower prices. BJ’s Wholesale Revenue Rises on Membership Growth
• Positive Sentiment: Fitch assigned BJ its first investment-grade Long Term Issuer Default Rating of BBB with a stable outlook, which can support investor confidence and potentially lower financing risk. BJ’s Wholesale Club Receives First-Time Investment Grade Rating from Fitch
• Positive Sentiment: The company also raised its growth profile by announcing new club openings in Kentucky, Florida, and Indiana, signaling continued expansion. BJ’s Wholesale Club Accelerates Growth with New Locations in Kentucky, Florida and Indiana
• Neutral Sentiment: BJ maintained FY2026 EPS guidance of $4.40 to $4.60, which is close to Wall Street expectations and suggests the quarter did not materially change the long-term earnings outlook.
• Negative Sentiment: Even with the beat, the stock has been under pressure as investors reassess BJ’s steady but not especially fast growth, and some commentary says the company still looks like a “hold” after the quarter. BJ’s Wholesale Club: After Q1, The Hold Case Still Makes Sense
• Negative Sentiment: The stock’s premium valuation has already compressed, and the market may be worried that near-term upside is limited despite solid operating performance. Compared to Estimates, BJ’s (BJ) Q1 Earnings: A Look at Key Metrics

About BJ’s Wholesale Club

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.