BJ's Wholesale continued to increase its gasoline market share in the second quarter of fiscal 2025 ended Aug. 2, officials said during a call to discuss the quarter's financial results.
The company attributes the growth to new club openings as well as competitive fuel prices at existing stores, saying its prices averaged 20cts/gal below market.
BJ's said it is on track to open 25 to 30 new clubs in two years, including 8 more in its fiscal Q3 and 7 in fiscal Q4. It is now operating 11 more clubs than it was a year ago and its pipeline for new sites is "stronger than it has been in years," senior company officials said.
Total gasoline volume at all stores increased by 7% year over year during the quarter. Same-store sales were "flat" from last year, but "significantly outpacing" the overall fuel industry, which saw a decline on a same-store basis.
During the same period, the average U.S. gasoline station averaged a 3.7% decline in same-store fuel sales from a year ago, according to OPIS DemandPro.
Fuel margins were also "better than expected," BJ's officials said.
The company does not disclose specific results for its fuel operations.
BJ's ranks 34th in U.S. gasoline brand market share based on visits at 0.71%, according to OPIS MarketSharePro. That's six notches above where it was five years ago at this time when it ranked 40th nationwide with a gasoline brand market share of 0.47%.
Currently, the company's retail gasoline prices are averaging about 24cts/gal below market, OPIS data show.
BJ's, which is based in Marlborough, Mass., operates 255 clubs and 190 BJ's Gas locations in 21 states.
This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.
--Reporting by Donna Harris, dharris@opisnet.com; Editing by Frank Tang, ftang@opisnet.com
(END) Dow Jones Newswires
August 22, 2025 12:14 ET (16:14 GMT)
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