BJ's Wholesale second quarter earnings top estimates

Retail & Consumer Retail Written by: Emily Jarvie 13:16 Fri 21 Aug 2026 --> Edited by: Angela Harmantas Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, and... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. BJ's Wholesale Club ( NYSE:BJ ) View Price & Profile BJ’s Wholesale second quarter earnings top estimates Last updated: 13:16 21 Aug 2026 EDT, First published: 09:16 21 Aug 2026 EDT BJ's Wholesale Club (NYSE:BJ) shares moved over 4% higher on Friday after the warehouse retailer reported second-quarter fiscal 2026 earnings and revenue above analyst expectations, while raising its full-year adjusted earnings guidance. The company reported earnings per diluted share of $1.36 for the 13 weeks ended Aug. 1, up from $1.14 a year earlier and ahead of the $1.17 analyst consensus. Total revenues increased 15.7% to $6.23 billion, including $6.09 billion in net sales, compared with analyst expectations of roughly $5.94 billion to $5.97 billion. Comparable club sales increased 11.9% year over year during the quarter, or 3.1% excluding gasoline sales. Digitally enabled comparable sales rose 30%, with two-year stacked growth reaching 64%. Membership fee income increased 9.9% to $135.6 million, while total membership reached a record 8.5 million members. The company attributed the growth in membership income to strength in member acquisition and retention, along with higher-tier membership penetration across new and existing clubs. Net income rose 15.4% to $173.9 million, while adjusted EBITDA increased 14.3% to $347.2 million. Gross profit rose to $1.11 billion from $1.01 billion a year earlier. The merchandise gross margin rate declined by about 20 basis points, primarily due to continued investments in pricing, partially offset by tariff refund benefits. BJ’s opened three new clubs and one new gas station during the quarter. Selling, general and administrative expenses increased to $851.2 million from $786.4 million, primarily reflecting higher labor, occupancy and operating costs associated with new club and gas station openings. “We delivered a strong second quarter, coming in ahead of our expectations across sales and profitability, with strong membership momentum,” BJ’s Wholesale CEO Bob Eddy said in a statement. “Our value proposition continued to resonate with members in our clubs and at our gas stations, and the momentum we’re seeing across our strategic priorities gives us real confidence in the road ahead.” For fiscal 2026, BJ’s maintained its comparable club sales outlook, excluding gasoline, for growth of 2% to 3%, while raising its adjusted EPS guidance to $4.60 to $4.80 from its previous outlook. The company expects capital expenditures of approximately $800 million, reflecting continued investment in new club openings and its distribution network. Continue reading