BJ's Wholesale Club (BJ) reported Q2 EPS of $1.06, $0.27 better than the analyst estimate of $0.79. Revenue for the quarter came in at $5.01 billion versus the consensus estimate of $4.62 billion. Total comparable club sales increased by 19.8% year-over-year.
GUIDANCE:
BJ's Wholesale Club sees FY2022 EPS of $3.50-$3.60, versus the consensus of $3.33. They expect fiscal year 2022 comparable club sales growth, excluding the impact of gasoline sales, to be in the 4%-5% range, up from the original guidance of low single digit.