Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has reported financial results for the third quarter of 2024, reporting a 3% increase in net sales.
- Adjusted earnings, on a per-share basis, rose 18% year-over-year to $1.18 in Q3; reported earnings per share was $1.17, up 21%
- Third-quarter net income advanced to $155.7 million from $130.5 million reported in the year-ago quarter
- Net sales increased 3% annually to $4.98 billion in the October quarter
- Comparable club sales increased by 1.5% year-over-year in the third quarter
- Comparable club sales, excluding gasoline sales, increased by 3.8%, aided by strong traffic and unit growth
- Digitally enabled comparable sales growth was 30% year-over-year in Q3; membership fee income rose 8.4% to $115.0 million
- During the quarter, merchandise gross margin rate increased by 20 basis points year-over-year
- The company opened three new clubs and four new gas stations during the three months
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
Micron Q1 2026 earnings beat estimates; revenue surges 57%
Memory chipmaker Micron Technology Inc. (NASDAQ: MU) on Wednesday reported stronger-than-expected earnings for the first quarter of fiscal 2026. Revenue increased 57% year-over-year. First-quarter revenues rose sharply to $13.6 billion
Carnival Corporation to report Q4 earnings on Dec. 19. Here’s what to expect
When Carnival Corporation (NYSE: CCL) reports its fourth-quarter results on Friday, investors will be closely watching demand trends, pricing, and cost discipline, following a year marked by operational recovery. The
General Mills (GIS) aims to generate double-digit sales growth from new products in FY2026
Shares of General Mills, Inc. (NYSE: GIS) gained over 2% on Wednesday after the company posted better-than-expected earnings results for the second quarter of 2026. Revenue and earnings declined versus
