BJ’s Wholesale Club posted higher revenue and earnings in the second quarter of FY25, supported by strong membership growth and steady merchandise sales.

Total revenue rose 3.4 per cent to $5.38 billion in the 13 weeks ended August 3, up from $5.20 billion a year earlier. Net income climbed 3.9 per cent to $150.7 million, compared to $145.0 million in the same quarter last year.

The membership-based warehouse chain, which reported a 9 per cent increase to $123.3 million, cited growth in membership fee income and improved gross margins as key contributors to its performance. The member count grew to a record 8 million.

“Our business model continues to perform and build upon momentum, as we grow membership and gain market share even in a dynamic environment,” said Bob Eddy, chairman and CEO of BJ’s Wholesale Club. 

“We enter the back half of the year on solid footing and confident in our ability to deliver strong results. We are on a powerful trajectory, and our teams remain steadfast towards executing on our long-term objectives.”

While overall comparable sales were flat due to lower fuel prices, core merchandise sales remained strong, and digitally enabled sales surged 34 per cent compared to last year.

As of August, BJ’s operates more than 250 warehouse clubs across the US, with plans to open 25 to 30 additional locations over the next two fiscal years. New clubs are scheduled to launch in the Dallas-Fort Worth area beginning early next year.

Looking ahead, the company expects comparable club sales growth, excluding gasoline, to range between 2.0 per cent and 3.5 per cent for the fiscal year ending January 31. 

“We continue to see a top-line range aligned with our previous outlook, but we are narrowing and increasing our range on the bottom line,” said Laura Felice, executive VP and CFO at BJ’s Wholesale Club.