Profitability in the most recent quarter benefited from a 5.5% annual increase in net sales to $5.45 billion. Comparable club sales and comparable club sales excluding gasoline sales increased 1.6% and 2.6%, respectively, during the quarter. In 2025, the company achieved a 90% tenured member renewal rate, continuing the trend seen in previous years.
During the quarter, BJ’s opened 7 new clubs and 7 new gas stations. For fiscal 2026, management expects comparable club sales, excluding the impact of gasoline sales, to increase 2.0% to 3.0% year-over-year. Full-year adjusted earnings per share are expected to be in the range of $4.40 to $4.60. It targets capital expenditures of around $800 million for FY26, reflecting continued investment in new club openings and enhancements across our distribution network.
“Record membership, strong digital engagement, and our 16th consecutive quarter of traffic growth show how effectively our teams are delivering value and convenience to our members,” said Bob Eddy, CEO of BJ’s Wholesale Club.