BJ
BJs Wholesale Club
Q4 2024 Report
BJs Wholesale Club Holdings Inc (BJ) Q4 2024 Financial Results Analysis...
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Executive Summary
BJ's Wholesale Club delivered robust financial results for the first quarter of fiscal 2025, with revenue reaching $5.15 billion, a year-over-year increase of 4.78%, exceeding investor expectations. This performance was bolstered by a 3.9% growth in comparable merchandise sales, driven by increased traffic and unit sales, particularly in essentials like perishables. Net income surged 34.9% year-over-year to $149.77 million, reflecting strong operational efficiency and effective cost management. BJ's strategic focus on enhancing digital convenience and improving member engagement continues to position it well for sustained growth, despite the challenging economic landscape characterized by inflationary pressures and changing consumer behavior.
Key Performance Indicators
Revenue
5.15B
QoQ: -2.37% | YoY:4.78%
Gross Profit
969.50M
18.81% margin
QoQ: 2.16% | YoY:9.75%
Operating Income
203.65M
QoQ: 14.16% | YoY:26.00%
Net Income
149.77M
QoQ: 22.10% | YoY:34.90%
EPS
1.14
QoQ: 22.58% | YoY:35.71%
Revenue Trend
Margin Analysis
Key Insights
Revenue: $5.15 billion (YoY +4.78%, QoQ -2.37%) Net Income: $149.77 million (YoY +34.9%, QoQ +22.1%) Operating Income: $203.65 million (YoY +26%, QoQ +14.16%) Gross Profit: $969.50 million (YoY +9.75%, QoQ +2.16%) EPS: $1.13 (YoY +35.71%, QoQ +22.58%) Membership Fee Income: $120.4 million (YoY +8.1%) Digital Sales Growth: 35% YoY through digital initiatives. Key ratios include a current ratio of 0.768, indicating liquidity challenges, while an interest coverage ratio of 18.35 undersc...