BJ's Wholesale Club Holdings, Inc. (BJ) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone. Thank you for joining us and welcome to BJ's Wholesale Club Quarter 2, 2026 Earnings Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Diana Rashko, VP of Investor Relations. Diana, please go ahead. Good morning, and welcome to BJ's second quarter fiscal 2026 earnings call. Joining me today are Bob Eddy, Chairman and Chief Executive Officer Laura Felice, Chief Financial Officer, and Bill Werner that we may make forward-looking statements on this call that are based on our current and uncertainties that could cause actual results to differ materially from what we say on this call. Please see the risk factors section and uncertainties. Please also refer to today's Press Relations website for our cautionary statement regarding forward-looking statements and non-GAAP reconciliations. Thank you for joining us today. I'm very pleased to share that we and reflects the continued momentum in our business. Net sales were up nearly 16% year-over-year, and merchandise comps grew 3.1%, with traffic accelerating during the quarter, and our 15th consecutive quarter of market share gains. On a two-year stacked basis, merchandise comps were 5.1%, which speaks to the durability of our momentum. Thank you for joining us today. Thank you for joining us today. Gas prices remained elevated during the quarter, and our members continued to seek us out for the value we offer. ...from the strong results we saw in Q1, and a clear signal of the... ...visible as it gets for consumers. There's a price on every street corner, and our members know that we offer great value. Strong...