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Aug 22, 12:30 PM
BJ’s Wholesale Slides After Revenue Miss Despite Strong Digital Growth
Company Earnings
Stocks
Business

BJ’s Wholesale Slides After Revenue Miss Despite Strong Digital Growth

Authors
  • MarketWatch
  • Open Outcrier
  • Wall St Engine
5

BJ’s Wholesale Club reported mixed fiscal second-quarter results, with revenue slipping 2% year-on-year to $5.38 billion, below analysts’ $5.49 billion consensus. Adjusted earnings per share edged up to $1.14, topping the $1.10 estimate but essentially unchanged from a year earlier. Net income came in at $150.7 million. Comparable club sales fell 0.3%, weighed down by lower fuel prices, but rose 2.3% when gasoline was excluded. The warehouse-club operator said traffic gains helped push digital sales 34% higher, while total membership climbed to 8 million. For fiscal 2026, the company projected EPS of $4.20 to $4.35, bracketing Wall Street’s $4.31 average forecast. The revenue miss overshadowed the earnings beat and upbeat guidance, sending the shares down roughly 4% in pre-market trading on Friday.

Written with ChatGPT .

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