By Connor Hart

BJ's Wholesale Club logged higher profit and sales in its fiscal fourth quarter, while cautioning that profitability could be pressured in the coming year.

The warehouse club on Thursday posted a profit of $125.9 million, or 96 cents a share, for its quarter ended Jan. 31, compared with $122.7 million, or 92 cents a share, a year earlier.

Stripping out one-time items, earnings were still 96 cents a share. Analysts surveyed by FactSet had expected adjusted earnings of 93 cents a share.

Net sales increased 5.5% to $5.45 billion but came in slightly below the $5.54 billion that Wall Street had modeled.

Comparable-club sales, or those from stores and digital channels open for at least a year, climbed 1.6%, or 2.6% excluding gasoline sales. Analysts were looking for a gain of 1.9%.

Membership-fee income grew 11% to $129.8 million. The company attributed the gain to strength in membership acquisition, retention and higher-tier membership penetration across both new and existing clubs. It noted that it continues to benefit from an increase in annual membership fees that went into effect early last year.

Chief Executive Bob Eddy said record membership and strong digital engagement during the recent quarter resulted in BJ's 16th consecutive quarter of traffic growth. "Our focus on enhancing our assortment, investing in value and expanding our footprint continues to resonate," he added.

Looking ahead, BJ's guided for comparable-club sales excluding gasoline sales to grow 2% to 3% this year, compared with analyst views for a 2.6% gain. The company additionally forecast adjusted earnings of $4.40 to $4.60 a share, below the $4.66 a share the Wall Street is modeling.

Shares fell 5% to $95.00, in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 05, 2026 07:21 ET (12:21 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.