BJ's Wholesale Club plans to expand after strong Q4 results.

 

BJ's Wholesale Club plans to expand after strong Q4 results.   The membership-only warehouse club chain saw its Q4 digital sales grow by 22% YoY. BJ's Wholesale Club saw net income of  $129.8M in Q4, up from $107.6M at the same time last year. Adjusted earnings per share stood at $1.00, beating estimates of $0.88 per share. Net sales grew 13.2% YoY to $4.828B, surpassing expectations of $4.786B. BJ's digital sales were up 22% YoY. "Our digital business is growing, and we're successfully expanding our footprint," said CEO Bob Eddy.