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BJ's Wholesale Club Expect Q4 FY24 Adjusted EPS Of $0.78-$0.88, With FY2024 Adjusted EPS Of $3.90-$4.00 Versus Prior Guidance Of $3.75-$4.00 And Consensus Of $3.84

Benzinga ·  Nov 21 19:54

"As we look ahead, we remain confident in our ability to drive long-term growth and shareholder value led by our continued focus on our strategic priorities," said Laura Felice, Executive Vice President, Chief Financial Officer, BJ's Wholesale Club. "We expect fourth quarter fiscal 2024 comparable club sales, excluding the impact of gasoline sales, to increase 2.5% to 3.0% year-over-year, bringing the full year fiscal 2024 growth to between 2.3% and 2.4%. We continue to expect fiscal 2024 merchandise gross margins to remain approximately flat year-over-year. Finally, we expect fourth quarter fiscal 2024 adjusted EPS to range from $0.78 to $0.88, bringing the full year fiscal 2024 range to $3.90 to $4.00."

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