BJ's Wholesale sales rise 9.9% but quarterly profit falls 4.7%; guidance unchanged
BJ's Wholesale Club reported first-quarter fiscal 2026 total revenues of $5.66 billion, up 9.9% from a year earlier, with comparable club sales up 6.3%. Net income fell 4.7% to $142.7 million and diluted EPS fell to $1.10 from $1.13, and the company said its fiscal 2026 guidance was unchanged.
- Total revenues rose 9.9% to $5.66 billion; membership fee income rose 9.9% to $132.4 million.
- Net income fell 4.7% to $142.7 million; adjusted EPS was $1.10 versus $1.14 a year earlier.
- Adjusted EBITDA rose 4.3% to $298.1 million; SG&A increased to $806.0 million.
- Fiscal 2026 guidance from March 5, 2026 is unchanged: adjusted EPS of $4.40 to $4.60 and capital expenditures of about $800 million.