On August 19th BJ's Wholesale Club Holdings Inc. (BJ) posted results for the second quarter ending July 31st.  For the period, the company showed a 4.1 percent increase in net earnings to $110.9 million on revenue of $4,177 million with a corresponding increase of 6.5 percent in EPS to $0.82. Revenue was 5.6 percent higher than in Q2 of FY 2020.  Comparative club sales excluding fuel declined by -3.4 percent, but over a two-year stacked comparison comparative sales increased by 20.8 percent. 

In commenting on the results for the second quarter, Bob Eddy (left), President and CEO stated, "it is clear that progress directed to our strategic priorities has powered our success.  We drove outstanding membership results, expanded our market share and continue to benefit from elevated consumer spending trends".

BJ's has a market capitalization of $7,803 million and carries long term debt and lease obligations of $2,817 with total assets of $5,348 million of which $1,400 million comprise intangibles and goodwill.  BJ's has traded over the past fifty-two weeks in a range of $36.07 to $57.17 with a fifty-day moving average of $50.26.  Prior to release on Thursday, August 19th BJ's closed at $54.03 rising 5.3 percent to $56.89 at the close on Friday, August 20th. 

On a trailing twelve-month basis, operating margin was 4.1 percent and profit margin 2.6 percent.  The company generated a return on assets of 7.3 percent and 18.2 percent on equity.