finance.yahoo.com

BJ’s Q2 results top estimates on membership growth and fuel sales

BJ's Wholesale Club logoBJ's Wholesale Club
Sig2.35Sen+3.95Env-0.30Soc+0.90Gov+0.20

BJ’s Wholesale Club reported $6.23 billion in revenue, beating analyst estimates, and adjusted EPS of $1.36, also above forecasts. Same-store sales rose 11.9% and the company reached 8.5 million members as locations increased to 267. Fuel sales were a key profit driver with comp gallons up over 10%, while digitally enabled sales climbed 30% and supported higher spend and retention.

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