BJ’s Wholesale reports Q2 adjusted EPS 97c, consensus 90c

Reports Q2 revenue $4.96B, consensus $5.15B. Comparable club sales, excluding gasoline sales, increased by 1.1% year-over-year. “Our strong performance in the second quarter reflects our continued gains in membership, traffic and market share, driven by the great value that we provide our members every day,” said Bob Eddy, Chairman and CEO, BJ‘s Wholesale Club. “We continue to balance gross margins with investments in value and in growing the size and quality of our membership with an eye toward the future. I’m proud of the team’s execution in the quarter and believe that we are well-positioned for continued growth.”