BJ's Wholesale Club Reports Record Earnings and Announces Major Expansion Plans
The retailer surpassed Wall Street expectations and revealed plans to open 25 to 30 new locations over the next two years, including a push into Texas.
- BJ's Wholesale Club's Q4 adjusted earnings per share reached $0.93, beating the consensus estimate of $0.87, with revenue totaling $5.28 billion.
- Membership fee income grew nearly 8% year-over-year to $117 million, driven by record-high membership levels and a recent fee increase.
- Comparable club sales rose 4%, while digitally enabled sales surged 26%, reflecting investments in e-commerce and convenience.
- The company plans to open 25 to 30 new stores by 2026, including its first locations in Texas, targeting the Dallas-Fort Worth area.
- BJ's stock surged over 12% to an all-time high of $112.76, with analysts praising its growth strategy and strong performance metrics.
The Street 
Investopedia 