| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 63 | 20.0x | 17.8x | Around median | |
Growth | 56 | 9.1% | 7.1% | Around median | |
Quality | 58 | 13.2% | 4.5% | Around median | |
Safety | 71 | 2.4x | 2.6x | Top tier | |
Capital Return | 61 | — | 2.12% | Around median | |
Momentum | 46 | -2.8% | 2.9% | Around median | |
Sentiment | 44 | 16 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
BJ's Wholesale Club Holdings, Inc. operates membership-based wholesale clubs and generates revenue from sales of groceries and perishables and consumables, general merchandise and services, fuel, as well as membership fees. In Q2 fiscal 2026, membership reached 8.5 million members, membership fee income increased 9.9% to $136 million, and higher-tier membership reached approximately 43% of the base; according to management, this tier spends more and renews at higher rates. The digital convenience ecosystem includes online shopping, club pickup, same-day delivery, and ExpressPay, alongside the AI-powered shopping assistant Bev.
According to EDGAR filings, the company recorded revenue of $6.2 billion, gross profit of $1.1 billion, net income of $173.9 million, and earnings per share of $1.36 in Q2 fiscal 2026; this equates to a calculated gross margin of approximately 17.7% and a net income margin of about 2.8%. On the August 21, 2026 call, management reported that net sales reached $6.1 billion, up 15.9%, and comparable club sales increased 11.9%, while comparable merchandise sales excluding gasoline grew 3.1%. The merchandise gross margin rate declined by approximately 20 basis points, but adjusted earnings before interest, taxes, depreciation, and amortization increased 14.3% to $347 million, and adjusted earnings per share increased 19.3% to $1.36.
The growth mix in Q2 fiscal 2026 was broad across the business: comparable sales in perishables, grocery, and consumables increased 2.8%, led by grocery, while general merchandise and services increased 5.3%, supported by consumer electronics and home products. Comparable fuel gallons also increased 10.5% at a time when industry data indicated a decline of approximately 5%, and fuel profit above plan contributed meaningfully to the earnings beat. Based on the latest twelve-month period presented for 2026, revenue totaled $22.8 billion, gross profit was $4.2 billion, net income was $594.5 million, and earnings per share were approximately $4.65.
The analyst consensus is “Buy,” with an average price target of $110 and a range of $105 to $115; the average is approximately 4% above the 52-week range high of $105.78, while the lower end of the target range is near that high. This range reflects confidence in membership growth, expansion, and digitalization, but leaves limited room between the 52-week high and the average target, particularly given the 20-basis-point decline in merchandise margin and the substantial reliance of the fiscal 2026 earnings guidance increase on fuel.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Net sales increased 15.9% to $6.1 billion according to the August 21, 2026 call, while EDGAR filings showed revenue of $6.2 billion and net income of $173.9 million. Comparable merchandise sales excluding gasoline grew 3.1%, and comparable sales of general merchandise and services increased 5.3%, led by consumer electronics and home products. Growth of 10.5% in comparable fuel gallons also lifted fuel profit above plan, increasing adjusted earnings per share 19.3% to $1.36.
BJ's membership base reached 8.5 million members in Q2 fiscal 2026, after adding more than one million members over two years and more than three million members since the initial public offering. Membership fee income increased 9.9% to $136 million, and higher-tier memberships represented approximately 43% of the base. However, management expects fee income growth to moderate to an exit rate of approximately 6% by the end of fiscal 2026 as the impact of the previous fee increase fades.
BJ's opened three clubs in Waxahachie, Fort Worth, and Grand Prairie during Q2 fiscal 2026, bringing its total number of clubs in Texas to four. Memberships in the state exceeded plan by more than 30%, and all four fuel stations ranked within the top 30% of the chain by gallons, with two stations within the top 10%. Management explained on August 21, 2026 that a new club typically requires three to five years to reach its normal operating potential.
Automated analysis for informational purposes only — not investment advice.
Digitally enabled sales grew 30% in Q2 fiscal 2026, and two-year cumulative growth reached 64%, with penetration of approximately 19% of the business. Services include online shopping, club pickup, same-day delivery, and ExpressPay, and management says their users spend more and renew their memberships at higher rates. The AI-powered shopping assistant Bev conducted more than 100 thousand conversations to help members find products and check club hours.
The category management program targets reducing the number of stock-keeping units by approximately 20% over two years, from about 7,500 units in legacy clubs to approximately 6,000–6,500 units. The plan is not limited to removing products, but replaces duplication with innovative products and underserved categories, and early results have appeared in beverages, Active Nutrition, and home products. Nevertheless, the merchandise gross margin rate declined 20 basis points in Q2 fiscal 2026, making the realization of vendor savings, assortment improvements, and retail media important for funding pricing investments.
Management maintained its forecast for comparable club sales growth excluding gasoline at 2%–3% for fiscal 2026. It raised the adjusted earnings per share range to $4.60–$4.80 after Q2 fiscal 2026 results outperformed, particularly in the fuel business. As of August 21, 2026, the announced expansion plan included seven additional clubs and one relocation during the remainder of fiscal 2026, within a targeted pace of 25–30 new clubs every two years.
