BJ’S Wholesale Club Holdings Inc. (BJ) 2Q18 Results: Beats Consensus Estimates, Mixed Guidance

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Key Points

  • 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.

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.

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