BJ's reported its financial results for the second quarter of fiscal year 2025.
Membership fee income increased by 9.0% year-over-year to $123.3 million, reaching a record 8 million members.
Earnings per diluted share and adjusted earnings per diluted share were $1.14.
Membership Growth
The company reached a milestone of 8 million members in the second quarter of fiscal 2025.
Digital Sales Growth
Digitally enabled comparable sales growth was 34%, reflecting a two-year stacked comp growth of 56%.
Financial Performance
Adjusted EPS increased by 4.6% to $1.14, and adjusted EBITDA rose by 8.0%.
- BJ's comparable club sales decreased by 0.3% year-over-year due to declining fuel prices.
- However, excluding gasoline sales, comparable club sales increased by 2.3% year-over-year, driven by traffic growth.
- Membership fee income saw a significant increase, reaching $123.3 million in the second quarter of fiscal 2025.
BJ's Wholesale Club Holdings, Inc. demonstrates resilience and growth in a challenging market, as evidenced by the increase in membership numbers and digital sales growth.