BJ’s Wholesale reports Q3 Digitally enabled comparable sales growth of 16% y/y

Membership fee income increased by 6.6% year-over-year to $106.1M. Merchandise gross margin rate increased by 30 basis points year-over-year. “Our advantaged model and strong value proposition continue to resonate with our members. During the third quarter, we posted accelerating membership growth, robust traffic gains and continued increases in market share. These gains continue to reinforce the underlying strength of our business and we remain confident in the long-term growth prospects of our company,” said Bob Eddy, Chairman and CEO, BJ‘s Wholesale Club. “I am proud of our team members for their continued dedication to our members during these dynamic times.”