BJ Earnings Prediction
The chart below shows how BJ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BJ sees a -0.05% change in stock price 10 days leading up to the earnings, and a -0.83% change 10 days following the report. On the earnings day itself, the stock moves by +0.60%. This data can give you a slight idea of what to expect for the next quarter's release.
BJ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
5.36B
8.68%
8.78%
Gross Margin
17.98%
-1.86%
-1.91%
Operating Margin
3.99%
-1.97%
-1.48%
Net Margin
2.72%
3.82%
2.64%
EPS
1.08
13.68%
11.34%
No Data Available
BJ Earnings Analysis
BJ's Wholesale Club Holdings Inc Corporation (BJ.N) Earnings Conference Call
Positive
Earnings Beat Expectations: BJ’s Wholesale Club Holdings, Inc. beats earnings expectations with reported EPS of $0.93, exceeding expectations of $0.87.
Record Sales and Earnings: Fiscal 2024 marked a milestone year with record net sales, membership, and adjusted earnings per share.
Membership Milestone Achieved: Membership reached an all-time high of over 7.5 million members with a strong renewal rate of 90%.
Comparable Club Sales Growth: Comparable club sales, excluding gas, grew by 4.6% in the fourth quarter, with traffic contributing over 3 percentage points to this growth.
Perishables Division Growth: The perishables, grocery, and sundries division delivered over 4% comp growth in the fourth quarter, with perishables leading the way.
General Merchandise Growth: General merchandise and services division comps grew by more than 5% in the fourth quarter, with notable growth in consumer electronics and toys.
Membership Fee Growth: Membership fee income increased by 8.5% for the full year, reflecting strong membership acquisition and retention.
Digital Sales Growth: Digitally enabled comp sales grew by 26% year-over-year in the fourth quarter, contributing significantly to overall growth.
Expansion Milestone Achieved: The company opened seven new clubs and 12 gas stations in fiscal 2024, marking the opening of their 250th club.
New Club Performance Impact: The performance of new clubs opened since 2020 contributed to comp sales at a rate of over 2 times the chain average.
Club Expansion Plans: The company plans to open 25 to 30 clubs across the next two fiscal years, with a robust pipeline of approved new clubs.
Strong Balance Sheet Stability: BJ’s has a strong balance sheet with the lowest level of debt since its IPO and no near-term maturities.
Share Repurchase Commitment: The company repurchased 645,000 shares for approximately $62 million in the fourth quarter, demonstrating commitment to returning value to shareholders.
Negative
Membership Fee Growth Stagnation: Membership fee income growth of only 7.9% in Q4, indicating potential stagnation in membership growth despite high renewal rates.
Gross Margin Decline: Fourth quarter merchandise gross margins decreased by approximately 10 basis points year-over-year, suggesting pressure on profitability.
SG&A Expense Increase: SG&A expenses increased significantly to approximately $758.2 million, primarily due to new unit growth and higher incentive compensation, which could impact future profitability.
Declining Gas Profit Margins: The company faced lower year-over-year gas profits due to normalized profit per gallon, indicating challenges in the fuel segment.
Comp Sales Growth Outlook: The anticipated comp sales growth for fiscal 2025 is only 2% to 3.5%, which is lower than previous growth rates and reflects macroeconomic uncertainties.
Economic Uncertainty Impact: The company is facing economic and geopolitical uncertainty, which could impact consumer behavior and spending patterns, leading to cautious outlook for the upcoming year.
BJ FAQs
How does BJ typically perform around its earnings report dates?
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BJ Earning Call Sentiment
BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Q4 2024 Earnings Call Transcript
BJ.N
-0.49%Positive
BJ's reported strong financial performance with a 5.4% increase in net sales and a 7.9% rise in membership fee income. The company is expanding its real estate footprint and digital sales, with strong guidance for 2024. Despite margin pressures and SG&A increases, the positive comp sales and membership growth, along with share repurchases, indicate a positive outlook. The Q&A highlighted continued traffic growth and confidence in new club performance. Overall, these factors suggest a positive stock price movement in the next two weeks.
