BJ's Wholesale Club Holdings Past Earnings Performance
Past criteria checks 3/6
BJ's Wholesale Club Holdings has been growing earnings at an average annual rate of 6.9%, while the Consumer Retailing industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 6.2% per year. BJ's Wholesale Club Holdings's return on equity is 26.9%, and it has net margins of 2.6%.
Key information
6.87%
Earnings growth rate
7.62%
EPS growth rate
| Consumer Retailing Industry Growth | 10.91% |
| Revenue growth rate | 6.19% |
| Return on equity | 26.87% |
| Net Margin | 2.60% |
| Last Earnings Update | 02 May 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 05
BJ: Membership Strength And Club Expansion Will Support Future Stock Rebound Potential
Narrative Update The analyst price target for BJ's Wholesale Club Holdings has been reset toward the middle of the recent Street range at about $101, down from roughly $105, as analysts weigh softer merchandise margins, sector valuation resets and near term cost pressures against expectations for a potential rebound from what some view as an overdone pullback and the longer term value of the membership model. Analyst Commentary Recent research updates show a mix of optimism and caution around BJ's Wholesale Club Holdings, with several firms resetting price targets while keeping either Buy or Neutral stances.Seeking Alpha • May 22
BJ's Wholesale Club: After Q1, The Hold Case Still Makes Sense
Summary BJ's Wholesale Club Holdings, Inc. continues to demonstrate a high-quality business model targeting value-conscious consumers in the eastern U.S. Despite steady fundamentals, BJ stock has underperformed the S&P 500, declining 5.25% versus the market's 13.3% gain since last fall. BJ stock's prior premium valuation has compressed as investors reassess BJ's steady but unspectacular growth profile. Recent earnings prompted a fresh evaluation to determine if the current BJ stock valuation now offers an attractive entry point. Read the full article on Seeking Alpha
Narrative Update • May 21
BJ: Fuel Sensitivity And Membership Strength Expected To Support Future P/E
Analysts have reset their average price target for BJ's Wholesale Club Holdings to the $100 to $120 range, reflecting updated views on sales consistency, energy price sensitivities, and modestly adjusted long term margin and P/E assumptions. Analyst Commentary Recent research points to a mixed but constructive stance on BJ's Wholesale Club Holdings, with several bullish analysts highlighting upside drivers tied to membership strength, fuel sensitivity, and execution around earnings events.Narrative Update • May 04
BJ: Texas Expansion And Membership Offering Will Support Defensive Upside Potential
Analysts have made only a slight adjustment to the consolidated price target for BJ's Wholesale Club Holdings, keeping it near $105 as recent research updates reflect modest model tweaks around Q4 earnings and early 2026 expectations rather than a broad shift in view. Analyst Commentary Recent research points to a mixed but generally constructive stance on BJ's Wholesale Club Holdings, with several firms fine tuning models around Q4 results and early 2026 expectations rather than making large valuation shifts.Narrative Update • Apr 19
BJ: Store Expansion And Membership Trends Will Support Defensive Upside Potential
Analysts have trimmed the BJ's Wholesale Club Holdings fair value estimate slightly to $104.60, reflecting a modest reset in price targets after recent research updates that fine tuned assumptions on revenue growth, margins and future P/E, and incorporated both upward and downward revisions across the Street. Analyst Commentary Recent research on BJ's Wholesale Club Holdings reflects a mix of optimism and caution, with price targets moving in both directions and ratings ranging from Buy and Overweight to Neutral and downgrades.
Narrative Update • Apr 05
BJ: Slowing Sales Momentum Will Pressure 2026 Comp Expectations
The analyst price target for BJ's Wholesale Club Holdings has risen by about $1.68 to reflect a slightly higher modeled fair value of around $79.92, with analysts updating their assumptions after a mix of recent target increases and reductions tied to refreshed Q4 and 2026 expectations. Analyst Commentary Recent Street research on BJ's Wholesale Club Holdings reflects a split view, with some firms lifting price targets while others turn more cautious on the outlook and valuation.Narrative Update • Mar 22
BJ: Fair Renewal Momentum And Store Expansion Will Support Defensive Upside Potential
Analysts have trimmed their blended price target on BJ's Wholesale Club Holdings by a few dollars to reflect a fair value update from about $109.26 to $104.85, incorporating slightly higher revenue growth assumptions alongside modestly lower profit margin and P/E estimates from recent research. Analyst Commentary Recent Street research on BJ's Wholesale Club Holdings shows a wide range of views on both execution and valuation, with price targets clustered around the US$90 to US$120 band and ratings spread from Buy to Underweight.Narrative Update • Mar 07
BJ: Future Member Traffic And Comps Expected To Support Current P/E
The analyst price target for BJ's Wholesale Club Holdings has been revised from $135 to $120, reflecting analysts' efforts to balance updated modeling, mixed rating changes, and a shift to a lower future P/E assumption of about 26.5x, even with slightly higher projected revenue growth. Analyst Commentary Recent research on BJ's Wholesale Club Holdings shows a split tape, with some firms turning more cautious while others are still willing to lift their price targets and reaffirm constructive views.Narrative Update • Feb 20
BJ: Slower Comp Recovery And Holiday Margin Risk Will Restrain Upside
The analyst price target for BJ's Wholesale Club Holdings has inched higher, with fair value moving from about $77.55 to $78.23. Analysts are weighing a recent mix of target cuts and downgrades against more constructive views that highlight resilient membership trends and the potential for steadier same-store sales into 2026.Narrative Update • Feb 06
BJ: Holiday Promotion Sensitivity Will Pressure Margins And Comp Recovery
Analysts have nudged their fair value estimate for BJ's Wholesale Club Holdings to $77.55 from $76.07, reflecting updated assumptions around slightly higher revenue growth, a modestly richer future P/E of about 18.20, and mixed views on near term sales momentum and consumer headwinds seen across recent research. Analyst Commentary Recent Street research around BJ's Wholesale has leaned cautious, with several bearish analysts trimming price targets or moving to weaker ratings as they reassess the balance of growth and execution risks against the current valuation.Narrative Update • Jan 23
BJ: Softer Comps And Holiday Promotion Sensitivity Will Pressure Earnings
Analysts have trimmed their blended price targets for BJ's Wholesale Club Holdings by about $5 to $10, leading to a modestly lower fair value estimate of roughly $76.07 as they weigh softer sales momentum and mixed comp trends against member renewal strength and digital growth. Analyst Commentary Recent research has tilted more cautious on BJ's Wholesale Club Holdings, with several bearish analysts revisiting their ratings and price targets in light of softer sales trends, tougher comparisons, and what they see as execution risk around future growth.Narrative Update • Jan 08
BJ: Slowing Comp Trends And Holiday Promotions Will Pressure Earnings
Analysts have trimmed their price targets on BJ's Wholesale Club Holdings, leading to a modest cut in the modeled fair value to about $76 per share. They are factoring in a slightly higher discount rate, a lower future P/E near 18, and mixed views on sales momentum and earnings risk across 2025 and 2026.Narrative Update • Dec 24
BJ: Holiday Discounting Will Pressure Margins And Challenge Bullish EPS Expectations
The analyst price target for BJ's Wholesale Club Holdings has been revised lower by approximately $10 to about $95, as analysts temper revenue growth expectations amid cyclical and competitive headwinds, while acknowledging resilient margins and member driven fundamentals. Analyst Commentary Recent Street research on BJ's Wholesale Club Holdings reflects a mixed but increasingly cautious tone, with several Bearish analysts trimming price targets and highlighting execution and growth risks despite solid underlying membership trends.Narrative Update • Dec 10
BJ: Record Renewal Momentum And Digital Expansion Will Support Defensive Upside Potential
BJ's Wholesale Club Holdings' analyst price target edged modestly higher, with fair value rising to approximately $109.26 from about $109.16, as analysts balance slightly softer revenue growth expectations against marginally improved profit margins and a more favorable discount rate backdrop. Analyst Commentary Analyst views on BJ's Wholesale Club remain mixed, with recent target changes reflecting a balance between solid membership fundamentals and growing concerns about near term execution risks.Narrative Update • Nov 26
BJ: Record Renewal Rates And Digital Gains Will Sustain Market Share Momentum
BJ's Wholesale Club Holdings saw its analyst price target revised downward to approximately $109.16, a modest decrease from $114.15. Analysts cited cautious outlooks on sales trends, margin shifts, and ongoing consumer sensitivity.Narrative Update • Nov 11
BJ: Membership Gains And Defensive Positioning Will Drive Further Market Share Advances
BJ's Wholesale Club Holdings' analyst price target has decreased slightly from $115.63 to $114.15 per share. Analysts point to mixed second-quarter performance and rising competitive pressures, which are offset by continued membership growth and earnings resilience.Analysis Article • Sep 27
There's Been No Shortage Of Growth Recently For BJ's Wholesale Club Holdings' (NYSE:BJ) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Aug 27
Expansion Into Texas And Fresh 20 Will Increase Customer Engagement And Strengthen Market Presence
Analysts have modestly reduced their price target for BJ’s Wholesale Club Holdings to $115.63, primarily citing slower comparable store sales growth, macroeconomic uncertainty, and valuation concerns despite strong membership and digital trends. Analyst Commentary Slower-than-expected comparable store sales growth of 2.3% lagging the broader grocery industry, leading to concerns over topline momentum and tougher second half comparables.Analysis Article • Aug 13
Is BJ's Wholesale Club Holdings (NYSE:BJ) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 31
BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Investors Are Less Pessimistic Than Expected
With a price-to-earnings (or "P/E") ratio of 24.2x BJ's Wholesale Club Holdings, Inc. ( NYSE:BJ ) may be sending...Analysis Article • Jul 07
Here's Why BJ's Wholesale Club Holdings (NYSE:BJ) Has Caught The Eye Of Investors
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Jun 23
BJ's Wholesale Club Holdings' (NYSE:BJ) Returns On Capital Are Heading Higher
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Seeking Alpha • Mar 06
BJ's Wholesale Club: Investing In Fairly Valued Future Expansion (Rating Downgrade)
Summary BJ's Wholesale Club Holdings, Inc. reported stable Q4 comparable sales growth, above food inflation and grocery peers but below Costco's incredible performance. Profitability had an expected hiccup as BJ's is facing up-front expenses from new club openings. Afterward, profitability is expected to stay stable in FY2025. BJ's continues to invest heavily into growth, with new club openings and a new distribution center in Ohio. I now estimate BJ stock to be fairly valued at $101.9. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
BJ's Wholesale: Exploit The Unjustified Rise To Exit Your Position (Rating Downgrade)
Summary BJ's Wholesale has underperformed compared to Costco and Walmart, struggling with slower growth and a weaker market position despite benefiting from sector-wide multiple expansions. Third-quarter results show BJ's lagging behind peers, with lower sales growth and fewer store openings, raising concerns about future performance. Consensus estimates for BJ's revenue and EPS growth next year seem overly optimistic, with the expected membership fee increase unlikely to drive significant acceleration. BJ's current valuation is 30% above its five-year average, presenting a bad risk/reward ratio; I downgrade the stock to 'Sell'. Read the full article on Seeking AlphaSeeking Alpha • Nov 21
BJ's Wholesale Club: A Winning Trade With More Upside
Summary BJ's Wholesale Club Holdings, Inc. saw a 23% stock increase in two months, validating the authors' buy recommendation in the $70's. Q3 results showed a 3.7% net sales increase, strong comparable sales, and a significant share repurchase program. Gross profit and margins expanded, with BJ EPS beating expectations by $0.25, reaching $1.18, up 18% year-over-year. Guidance for FY 2024 improved, with higher sales and EPS projections, and a new $1 billion share buyback authorization. Get in the game. Read the full article on Seeking AlphaSeeking Alpha • Sep 29
BJ's Wholesale Club: Back To Its Rightful Place Following The Recent Selloff
Summary BJ's Wholesale Club had a decent Q2 but lagged behind Costco and Walmart. Despite slight revenue growth, BJ's failed to gain market share, with comparable sales and membership revenues trailing competitors. BJ's valuation remains unattractive, trading at a discount to peers but still above its 5-year average, with no major improvement drivers. Given mediocre results, I maintain a 'Hold' rating, expecting market-average returns at best. Read the full article on Seeking Alpha
New Narrative • Aug 22
Expanding Digital Reach And Premium Memberships Fuel Long-Term Revenue Prospects
Membership and digital sales growth are driving higher revenue, ARPU, and net margins, underpinned by loyalty and a shift towards higher-margin sales channels.Seeking Alpha • Aug 22
BJ's Wholesale Club: Taking A Breather, Still A Long-Term Gem
Summary BJ's Wholesale Club Holdings, Inc. stock is in a consolidation phase, but long-term prospects remain strong. Sales and margins in Q2 showing positive trends, with net sales up 5.0% and gross margin expanding. Despite positive results, the stock price may dip due to unchanged guidance, with one critical exception you need to know about. Read the full article on Seeking AlphaSeeking Alpha • Aug 14
BJ's Wholesale Club: A Clean Balance Sheet At Last
Summary BJ's Wholesale Club offers low prices with 25% savings compared to traditional supermarkets, operates warehouse clubs with efficient distribution, and competes with major retailers. The company is profitable, with high operating cash flow and share price appreciation since going public in 2018. BJ's has focused on reducing debt, increasing operating income, and managing cash flow, with a clean balance sheet. BJ's stock currently trades at a historically average market valuation, at neither a premium nor discount by P/E and operating cash flow yield metrics. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
Revenue & Expenses Breakdown
How BJ's Wholesale Club Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 02 May 26 | 21,965 | 571 | 3,235 | 0 |
| 31 Jan 26 | 21,457 | 578 | 3,179 | 0 |
| 01 Nov 25 | 21,160 | 575 | 3,117 | 0 |
| 02 Aug 25 | 20,912 | 579 | 3,066 | 0 |
| 03 May 25 | 20,737 | 573 | 3,029 | 0 |
| 01 Feb 25 | 20,502 | 534 | 2,984 | 0 |
| 02 Nov 24 | 20,581 | 558 | 2,958 | 0 |
| 03 Aug 24 | 20,406 | 532 | 2,912 | 0 |
| 04 May 24 | 20,164 | 519 | 2,854 | 0 |
| 03 Feb 24 | 19,969 | 524 | 2,842 | 0 |
| 28 Oct 23 | 19,541 | 507 | 2,795 | 0 |
| 29 Jul 23 | 19,402 | 508 | 2,781 | 0 |
| 29 Apr 23 | 19,542 | 518 | 2,742 | 0 |
| 28 Jan 23 | 19,315 | 514 | 2,694 | 0 |
| 29 Oct 22 | 18,743 | 492 | 2,607 | 0 |
| 30 Jul 22 | 18,222 | 488 | 2,544 | 0 |
| 30 Apr 22 | 17,296 | 458 | 2,475 | 0 |
| 29 Jan 22 | 16,667 | 427 | 2,444 | 0 |
| 30 Oct 21 | 16,256 | 415 | 2,402 | 0 |
| 31 Jul 21 | 15,724 | 411 | 2,334 | 0 |
| 01 May 21 | 15,501 | 407 | 2,342 | 0 |
| 30 Jan 21 | 15,430 | 421 | 2,337 | 0 |
| 31 Oct 20 | 14,956 | 367 | 2,262 | 0 |
| 01 Aug 20 | 14,453 | 300 | 2,226 | 0 |
| 02 May 20 | 13,845 | 247 | 2,147 | 0 |
| 01 Feb 20 | 13,191 | 188 | 2,075 | 0 |
| 02 Nov 19 | 13,135 | 209 | 2,053 | 0 |
| 03 Aug 19 | 13,128 | 209 | 2,037 | 0 |
| 04 May 19 | 13,089 | 149 | 2,073 | 0 |
| 02 Feb 19 | 13,007 | 127 | 2,053 | 0 |
| 03 Nov 18 | 13,146 | 131 | 1,976 | 0 |
| 04 Aug 18 | 13,009 | 100 | 1,956 | 0 |
| 05 May 18 | 12,869 | 125 | 1,884 | 0 |
| 03 Feb 18 | 12,755 | 52 | 2,012 | 0 |
| 28 Jan 17 | 12,351 | 45 | 1,912 | 0 |
| 30 Jan 16 | 12,468 | 25 | 1,804 | 0 |
Quality Earnings: BJ has high quality earnings.
Growing Profit Margin: BJ's current net profit margins (2.6%) are lower than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BJ's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: BJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BJ had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Consumer Retailing industry average (13.3%).
Return on Equity
High ROE: BJ's Return on Equity (26.9%) is considered high.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 14:13 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/05/02 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
BJ's Wholesale Club Holdings, Inc. is covered by 31 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Benedict | Baird |
| Seth Sigman | Barclays |
| Brian McNamara | Berenberg |