BJ's Wholesale Club (BJ) Earnings: Q2 Fiscal 2026 Results and Next Report Date

The quarter ended August 1, 2026 and BJ's Wholesale Club published the results on August 21, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. BJ's Wholesale Club reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• BJ's fiscal year ends on the Saturday closest to January 31. Q2 fiscal 2026 is the thirteen weeks ended August 1, 2026, and fiscal 2026 ends January 30, 2027. BJ's reports in thousands of dollars; figures here are in millions.
• Adjusted EPS equals GAAP EPS this quarter because BJ's made no adjustments. The year-ago adjusted figure excluded $1.0 million of restructuring charges.

Source: BJ's Wholesale Club Q2 fiscal 2026 results, August 21, 2026. Also in the Form 10-Q for the quarter ended August 1, 2026. Figures as reported; checked against the release on November 10, 2026.

How BJ's Wholesale Club splits revenue in its own release, under its own labels, for Q2 fiscal 2026 against Q2 fiscal 2025. Indented lines are parts of the line above them.

• BJ's Wholesale Club's Net sales revenue was $6.1 billion in Q2 fiscal 2026, up 16% from $5.3 billion in Q2 fiscal 2025, 98% of total revenue.
• BJ's Wholesale Club's Membership fee income revenue was $136 million in Q2 fiscal 2026, up 10% from $123 million in Q2 fiscal 2025, 2% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q2 fiscal 2026 release, BJ's Wholesale Club said:

“Comparable club sales, excluding the impact of gasoline sales, to increase 2.0% to 3.0% year-over-year”

“Adjusted EPS to range from $4.60 to $4.80”

“Capital expenditures of approximately $800 million, reflecting continued investment in new club openings and enhancements across our distribution network, including the ambient distribution center”

Source: BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026.

This is the company's own guidance as of Aug 21, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the BJ forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total revenues and GAAP diluted EPS, each as first reported in that quarter's release.

BJ's Wholesale Club's next report is scheduled for November 20, 2026. This page will show Q2 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2026 (this page), reported Aug 21, 2026

BJ's Wholesale Club total revenues rose 15.7% to $6,226.6 million in Q2 fiscal 2026. Net sales were $6.09 billion, up 15.9%, and membership fee income was $135.6 million, up 9.9%. (BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026; BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026)

BJ's net sales mix shifted toward fuel: Gasoline and Other was 25% of net sales in the quarter, against 18% a year earlier, while Perishables, Grocery, and Sundries fell to 65% from 71% and General Merchandise and Services was 10%, against 11%. BJ's said higher average retail prices per gallon and more comparable gallons sold both lifted sales. (BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026)

Comparable club sales rose 11.9%, made up of 3.1% from merchandise and 8.8% from gasoline. Within merchandise, general merchandise and services sales rose 5.3%, led by consumer electronics and home, and perishables, grocery, and sundries rose 2.8%, led by beverages and active nutrition, candy, snacks, fresh meat and produce, partly offset by egg price deflation in dairy. Digitally enabled comparable sales grew 30%. (BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026; BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026)

Membership fee income is recognized evenly over a membership term of generally twelve months. BJ's ended the quarter with a record 8.5 million members; the 10-K puts the Club membership fee at generally $60 a year and Club+ at $120, up from $55 and $110 before January 1, 2025. The tenured renewal rate was 90% at the end of fiscal 2025. (BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026; BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026; BJ's Wholesale Club Form 10-K, fiscal 2025, Mar 12, 2026)

BJ's operates as one segment, entirely in the United States, with no customer above 10% of total revenues. It ended the quarter with 267 clubs, against 255 a year earlier, and 206 BJ's Gas locations in 22 states, after opening three clubs and one gas station in the quarter. (BJ's Wholesale Club Form 10-K, fiscal 2025, Mar 12, 2026; BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026; BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026)

BJ's Wholesale Club diluted EPS was $1.36 in Q2 fiscal 2026, against $1.14, and adjusted EPS was the same $1.36 because BJ's made no adjustments this quarter. The only item BJ's excluded in the year-ago quarter was $1.0 million of restructuring charges, which is why year-ago adjusted net income was $151.5 million against $150.7 million reported. (BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026)

Merchandise gross margin rate fell about 20 basis points, which BJ's put down to continued investment in pricing, partly offset by tariff refunds. SG&A rose to $851.2 million from $786.4 million on new club and gas station costs and higher depreciation from owning more clubs, partly offset by a gain on a sale-leaseback transaction. The effective tax rate was 27.3%, against 26.9%. (BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026; BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026)

Diluted weighted average shares fell to 127,738 thousand from 132,517 thousand. BJ's repurchased 1,384,278 shares for $124.1 million in the quarter, and about $422.1 million remained under its program. (BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

BJ's Wholesale Club gives a full-year outlook in its release. With Q2 fiscal 2026 results it raised adjusted EPS guidance to $4.60 to $4.80 and kept its forecast for comparable club sales excluding gasoline to rise 2.0% to 3.0%. It expects capital expenditures of about $800 million, including an ambient distribution center. (BJ's Wholesale Club Q2 fiscal 2026 release, Aug 21, 2026)

BJ's projects an estimated annual effective tax rate of 27.8% for fiscal 2026, excluding discrete items. (BJ's Wholesale Club Form 10-Q, Q2 fiscal 2026, Aug 25, 2026)

A consensus figure is the average of the models published by the analysts who cover BJ's Wholesale Club, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones BJ's Wholesale Club's own release and filings put weight on for Q2 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning BJ is on is BJ a buy or a sell?, what analysts expect next is on the BJ forecast, and what the company does is on the BJ's Wholesale Club (BJ) stock page.

Every number on this page can be traced to a document BJ's Wholesale Club published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.