BJ

EX-99.1

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EX-99.1

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Exhibit 99.1

BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2026 Results

Strong first quarter performance reflecting momentum in membership, fuel, and digital sales

First Quarter Fiscal 2026 Highlights

•Comparable club sales increased by 6.3% year-over-year

•Comparable club sales, excluding gasoline sales, increased by 1.5% year-over-year

•Membership fee income increased by 9.9% year-over-year to $132.4 million

•Digitally enabled comparable sales growth was 28%, reflecting two-year stacked comp growth of 63%

•Earnings per diluted share and adjusted earnings per diluted share(a) of $1.10

•The Company opened one new club and six new gas stations

Marlborough, Mass. (May 22, 2026) – BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) (the “Company”) today announced its financial results for the thirteen weeks ended May 2, 2026.

“We delivered a strong first quarter as our value proposition continued to resonate with members across our clubs and at our gas stations. Momentum in membership, fuel and digital sales reflects the disciplined execution of our teams and our focus on delivering value and convenience for the families who depend on us,” said Bob Eddy, Chairman and Chief Executive Officer, BJ’s Wholesale Club. “We remain confident in our strategy as we continue to invest in growth and expand our footprint.”

Key Measures for the Thirteen Weeks Ended May 2, 2026 (First Quarter of Fiscal 2026):

BJ'S WHOLESALE CLUB HOLDINGS, INC.

(Amounts in thousands, except per share amounts)

Thirteen Weeks Ended% Growth (Decline)

May 2, 2026May 3, 2025

Net sales$5,529,145 $5,033,094 9.9 %

Membership fee income132,355 120,389 9.9 %

Total revenues5,661,500 5,153,483 9.9 %

Operating income207,913 203,645 2.1 %

Net income142,726 149,768 (4.7)%

EPS (b) 1.10 1.13 (2.7)%

Adjusted net income (a) 142,726 150,875 (5.4)%

Adjusted EPS (a) 1.10 1.14 (3.5)%

Adjusted EBITDA (a) 298,070 285,836 4.3 %

Basic weighted-average shares outstanding128,650 131,569

Diluted weighted-average shares outstanding129,383 132,749

(a)See “Note Regarding Non-GAAP Financial Information.”

(b)EPS represents net income per diluted share.

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Additional Highlights:

•Total comparable club sales increased by 6.3% in the first quarter of fiscal 2026 compared to the first quarter of fiscal 2025. Excluding the impact of gasoline sales, comparable club sales increased by 1.5% in the first quarter of fiscal 2026 compared to the first quarter of fiscal 2025.

•Membership fee income increased to $132.4 million in the first quarter of fiscal 2026 compared to $120.4 million in the first quarter of fiscal 2025. The increase was primarily driven by strength in membership acquisition, retention and higher-tier membership penetration across both new and existing clubs.

•Gross profit increased to $1.03 billion in the first quarter of fiscal 2026 compared to $969.5 million in the first quarter of fiscal 2025. Merchandise gross margin rate, which excludes gasoline sales and membership fee income, decreased by approximately 10 basis points compared to the first quarter of fiscal 2025, primarily driven by the Company’s continued investments in pricing partially offset by tariff refund benefits recognized in the quarter.

•Selling, general and administrative expenses (“SG&A”) increased to $806.0 million in the first quarter of fiscal 2026 compared to $760.9 million in the first quarter of fiscal 2025. The increase was primarily driven by increased labor, occupancy, and operational costs mainly as a result of new club and gas station openings. Additionally, an increase in the number of owned clubs has resulted in increased depreciation expense year-over-year.

•Income tax expense increased to $52.8 million in the first quarter of fiscal 2026 compared to $42.8 million in the first quarter of fiscal 2025, primarily driven by an increase in income before income taxes and lower tax benefits from stock-based compensation.

•Net income decreased to $142.7 million in the first quarter of fiscal 2026 compared to $149.8 million in the first quarter of fiscal 2025.

•Adjusted EBITDA increased by 4.3% to $298.1 million in the first quarter of fiscal 2026 compared to $285.8 million in the first quarter of fiscal 2025.

•Under its existing share repurchase program, the Company repurchased 2,114,000 shares of common stock, totaling $206.6 million, inclusive of associated costs, in the first quarter of fiscal 2026. Approximately $545.0 million remained available to purchase under such program.

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Fiscal 2026 Ending January 30, 2027 Outlook

“Our first quarter performance reflects disciplined execution and continued investment in the business. We delivered solid profitability while growing membership fee income and maintaining our focus on cost management,” said Laura Felice, Executive Vice President, Chief Financial Officer, BJ’s Wholesale Club. “As we look ahead, our guidance for fiscal 2026

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) March 5, 2026

BJ’S WHOLESALE CLUB HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware001-3855945-2936287 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

350 Campus Drive Marlborough, Massachusetts 01752 (Address of principal executive offices)(Zip Code)

(774) 512-7400 (Registrant’s telephone number, including area code) N/A (Former name, former address and former fiscal year, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.01BJNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company      ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ☐

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Item 2.02     Results of Operations and Financial Condition.

On March 5, 2026, BJ’s Wholesale Club Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter (thirteen weeks) and four quarters (fifty-two weeks) of fiscal year 2025 ended January 31, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filings.

Item 9.01    Financial Statements and Exhibits. (d)     Exhibits

Exhibit No.Description 99.1Press Release of BJ's Wholesale Club Holdings, Inc. dated March 5, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 5, 2026

BJ’S WHOLESALE CLUB HOLDINGS, INC.

By:/s/ Laura Felice Name:Laura Felice Title:Executive Vice President and Chief Financial Officer

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bj-202511210001531152false00015311522025-11-212025-11-21

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) November 21, 2025

BJ’S WHOLESALE CLUB HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware001-3855945-2936287 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

350 Campus Drive Marlborough, Massachusetts 01752 (Address of principal executive offices)(Zip Code)

(774) 512-7400 (Registrant’s telephone number, including area code) N/A (Former name, former address and former fiscal year, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.01BJNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company      ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ☐

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Item 2.02     Results of Operations and Financial Condition.

On November 21, 2025, BJ’s Wholesale Club Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter (thirteen weeks) of fiscal year 2025 ended November 1, 2025. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filings.

Item 9.01    Financial Statements and Exhibits. (d)     Exhibits

Exhibit No.Description 99.1Press Release of BJ's Wholesale Club Holdings, Inc. dated November 21, 2025

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: November 21, 2025

BJ’S WHOLESALE CLUB HOLDINGS, INC.

By:/s/ Laura Felice Name:Laura Felice Title:Executive Vice President and Chief Financial Officer

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