Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has reported mixed results for the third quarter of fiscal 2025, with sales rising about 5% and earnings per share declining 1.7%
- Comparable club sales increased by 1.1% year-over-year in the third quarter; comparable club sales, excluding gasoline sales, rose 1.8%
- At $126.3 million, membership fee income was up 9.8% year-over-year in the October quarter
- Digitally enabled comparable sales jumped 30%, reflecting a two-year stacked comparable sales growth of 61%
- Q3 net income declined to $152.1 million or $1.15 per share from $155.7 million or $1.17 per share a year earlier
- Adjusted earnings dropped to $1.16 per share in the third quarter from $1.18 per share in the year-ago quarter
- Gross profit was $1.01 billion in the third quarter, compared to $975.5 million in the same period of fiscal 2024
- Adjusted EBITDA decreased by 2.2% to $301.4 million in Q2 from $308.3 million in the prior-year quarter