BJ's Wholesale Club (NYSE:BJ) Announces Earnings Results, Beats Estimates By $0.19 EPS

Key Points

• BJ’s Wholesale Club beat quarterly expectations: EPS came in at $1.36 versus the $1.17 consensus estimate, while revenue reached $6.23 billion compared with analysts’ $5.97 billion forecast.
• Analyst sentiment remains cautious despite the earnings beat. The stock has a consensus “Hold” rating and an average price target of $105.33, although Gordon Haskett upgraded the shares to “Buy” with a $115 target.
• Insiders recently sold shares, including CEO Robert W. Eddy’s $7.3 million sale under a pre-arranged Rule 10b5-1 plan; institutional investors nonetheless own approximately 98.6% of the company.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) released its quarterly earnings results on Friday. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19, FiscalAI reports. The company had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $5.97 billion. BJ's Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.

BJ's Wholesale Club Price Performance

Shares of BJ stock opened at $91.35 on Friday. BJ's Wholesale Club has a 12 month low of $83.21 and a 12 month high of $106.69. The company has a market capitalization of $11.66 billion, a P/E ratio of 21.00, a P/E/G ratio of 3.25 and a beta of 0.21. The stock has a 50 day moving average of $91.39 and a two-hundred day moving average of $93.75. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19.

Analysts Set New Price Targets

Several equities research analysts have commented on BJ shares. Bank of America initiated coverage on shares of BJ's Wholesale Club in a research report on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 price target on the stock. Weiss Ratings restated a "hold (c)" rating on shares of BJ's Wholesale Club in a report on Wednesday, July 8th. DA Davidson set a $105.00 price objective on shares of BJ's Wholesale Club in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of BJ's Wholesale Club from $90.00 to $98.00 and gave the company a "neutral" rating in a report on Tuesday, May 26th. Finally, Gordon Haskett upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 target price on the stock in a research note on Wednesday, July 29th. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, BJ's Wholesale Club currently has a consensus rating of "Hold" and a consensus target price of $105.33.

BJ's Wholesale Club News Roundup

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

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. BJ reported $1.10 in earnings per share versus the $1.04 consensus estimate, while revenue reached $5.66 billion compared with expectations of $5.44 billion. Revenue increased 9.9% year over year, although EPS declined from $1.14 in the prior-year quarter. BJ’s Wholesale Club fiscal 2026 second-quarter results
• Positive Sentiment: Comparable sales and membership trends strengthened. The company said value-conscious shoppers continued to support its clubs and gas stations, while comparable sales, membership-fee income and membership momentum performed well. Management characterized sales and profitability as ahead of expectations. BJ’s comparable sales and membership-fee income
• Neutral Sentiment: Expansion activity could support longer-term growth. BJ’s proposed demolishing a former Macy’s location, potentially preparing the site for a new warehouse club or related development. The proposal is not yet an operating or earnings catalyst. BJ’s proposed former Macy’s redevelopment
• Neutral Sentiment: Analyst sentiment remains cautious. Analysts maintain a consensus “Hold” rating, limiting the potential for a strong valuation-driven rally despite the quarterly beat. BJ analyst consensus rating
• Neutral Sentiment: An executive’s share withholding was for taxes. EVP Monica Schwartz reported withholding restricted-stock-unit shares to satisfy tax obligations, rather than an open-market sale; this is generally not a major fundamental signal. BJ executive share withholding

Insiders Place Their Bets

In related news, EVP Scott Schmadeke sold 16,500 shares of the firm's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares of the company's stock, valued at $1,886,812.07. This trade represents a 44.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 73,016 shares of the business's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the sale, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. This trade represents a 20.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company's stock.

Hedge Funds Weigh In On BJ's Wholesale Club

Several hedge funds and other institutional investors have recently modified their holdings of BJ. Virtu Financial LLC acquired a new position in BJ's Wholesale Club during the fourth quarter worth $514,000. T. Rowe Price Investment Management Inc. increased its position in shares of BJ's Wholesale Club by 8.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,184,739 shares of the company's stock worth $106,663,000 after purchasing an additional 95,408 shares in the last quarter. Invesco Ltd. lifted its holdings in BJ's Wholesale Club by 7.7% during 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 last quarter. Strive Financial Group LLC acquired a new position in BJ's Wholesale Club in the fourth quarter valued at about $25,000. Finally, First Citizens Bank & Trust Co. boosted its position in BJ's Wholesale Club by 0.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 14,069 shares of the company's stock valued at $1,267,000 after buying an additional 105 shares in the last quarter. Institutional investors own 98.60% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source