BJ's Wholesale (BJ) PT Raised to $95 at BofA Securities
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BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2024 Results
May 23, 2024 6:45 AM EDTFirst quarter marked by robust membership, traffic, and unit volumes
First Quarter Fiscal 2024 Highlights
Comparable club sales increased by 1.6% year-over-year Comparable club sales, excluding gasoline sales, increased by 0.6% year-over-year led by strong traffic and unit growth Digitally enabled comparable sales growth was 21.0% year-over-year Membership fee income increased by 8.6% year-over-year to $111.4 million Merchandise gross margin rate decreased by 50 basis points year-over-year Earnings per diluted share of $0.83 and adjusted earnings per diluted share of $0.85 The Company opened one new club and one new gas... More