WS Investor
06 Mar 2025, 19:18
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) reported its fourth quarter and full fiscal year 2024 results, highlighting strong membership growth and digital sales expansion.
**Fourth Quarter Fiscal 2024 Highlights:**
- Comparable club sales increased 4.0% year-over-year, excluding gasoline sales up 4.6%
- Membership fee income grew 7.9% to $117.0 million
- Digitally enabled comparable sales rose 26.0%
- Earnings per diluted share of $0.92 and adjusted earnings per diluted share of $0.93
**Full Fiscal Year 2024 Highlights:**
- Net sales increased 2.5% to $20.05 billion
- Membership fee income reached $456.5 million, up 8.5%
- Adjusted EBITDA grew slightly to $1.09 billion
- Adjusted earnings per diluted share rose to $4.05
**Fiscal 2025 Outlook:**
- Comparable club sales (excluding gasoline) expected to grow between 2.0% and 3.5%
- Adjusted earnings per share projected between $4.10 and $4.30
- Capital expenditures of approximately $800 million
The company also announced a new $1.0 billion share repurchase program and a reduction in the interest rate on its senior secured first lien term loan.
For more details, refer to the company’s investor relations website.
**Fourth Quarter Fiscal 2024 Highlights:**
- Comparable club sales increased 4.0% year-over-year, excluding gasoline sales up 4.6%
- Membership fee income grew 7.9% to $117.0 million
- Digitally enabled comparable sales rose 26.0%
- Earnings per diluted share of $0.92 and adjusted earnings per diluted share of $0.93
**Full Fiscal Year 2024 Highlights:**
- Net sales increased 2.5% to $20.05 billion
- Membership fee income reached $456.5 million, up 8.5%
- Adjusted EBITDA grew slightly to $1.09 billion
- Adjusted earnings per diluted share rose to $4.05
**Fiscal 2025 Outlook:**
- Comparable club sales (excluding gasoline) expected to grow between 2.0% and 3.5%
- Adjusted earnings per share projected between $4.10 and $4.30
- Capital expenditures of approximately $800 million
The company also announced a new $1.0 billion share repurchase program and a reduction in the interest rate on its senior secured first lien term loan.
For more details, refer to the company’s investor relations website.