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BJ’s Wholesale Club beats top-line and bottom-line estimates; initiates FY24 outlook

  • BJ’s Wholesale Club press release (BJ): Q1 Non-GAAP EPS of $1.10 beats by $0.06.
  • Revenue of $5.53B (+9.9% Y/Y) beats by $100M.
  • Comparable club sales increased by 6.3% year-over-year.
  • Comparable club sales, excluding gasoline sales, increased by 1.5% year-over-year.
  • Membership
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