Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has announced results for the third quarter of 2023, reporting a modest increase in net sales.
- Q3 comparable club sales, excluding gasoline sales, remained approximately flat year-over-year
- Earnings per share were $0.97 and adjusted earnings per share $0.98, vs. $0.95 and $0.99 respectively last year
- Net sales increased 2.8% annually to 4.82 billion in Q3 from $4.69 billion last year
- Digitally enabled comparable sales growth was 16.0% year-over-year
- Membership fee income increased by 6.6% year-over-year to $106.1 million
- Income from continuing operations edged down 1% annually to $130.5 million
- Adjusted EBITDA was $274.9 million, up 1% year-over-year
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
After a weak first half, will NIKE (NKE) hit the recovery path this year?
After a prolonged slowdown, NIKE, Inc. (NYSE: NKE) is working on a turnaround plan to regain the brand’s strength. In recent years, the sneaker giant’s overall performance has not been
Important takeaways from Paychex’s (PAYX) Q2 2025 earnings report
Paychex Inc. (NASDAQ: PAYX), a leading provider of human resources and payroll services, reported better-than-expected revenue and profit for the second quarter of fiscal 2025, sending the stock higher soon
Lamb Weston’s (LW) challenges may not end soon, a few points to note
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) turned red in mid-day trade on Friday. The stock has dropped 19% in the past one month. The company delivered disappointing results
