Executive Summary

• BJ’S Wholesale Club Holdings Inc reported 2Q18 adjusted EPS of $0.31, above the consensus estimate of $0.27. Total revenues were $3.31 billion, beating the consensus estimate of $3.27 billion.
• During the quarter, comparable sales increased 5%, which included a 3% impact from the sale of gasoline. It was the fourth consecutive quarter of positive merchandise comparable sales.
• For Fiscal 2018, the company guided for adjusted EPS of $1.17–$1.24 compared to the consensus estimate of $1.13 and revenues in the range of $12.6–$12.7 billion compared to the consensus estimate of $12.96 billion.