BJ's Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2026 Results

BJ's Wholesale Club Holdings, Inc. reported its financial results for the first quarter of fiscal year 2026, ended May 2, 2026. The company announced a 6.3% increase in comparable club sales year-over-year, with a 1.5% increase when excluding gasoline sales. Membership fee income rose by 9.9% to $132.4 million. Digitally enabled comparable sales saw a growth of 28%, contributing to a two-year stacked comp growth of 63%. Earnings per diluted share were $1.10. The company opened one new club and six new gas stations during the quarter. For the full fiscal year 2026, the company maintains its outlook, expecting comparable club sales (excluding gasoline) to increase by 2.0% to 3.0% and adjusted earnings per share to range between $4.40 and $4.60. Capital expenditures are projected at approximately $800 million, supporting new club openings and distribution network enhancements. The company also repurchased $206.6 million of its common stock in the first quarter.