Market Share GrowthBJ's Wholesale Club has a compelling value proposition and long runway for new club growth, expected to continue gaining market share over the long term.
Membership And Digital SalesMembership income reached $108.4bn, above Street's $107.9bn, supported by strong full year renewal rates at 90%, and 4Q digital comps impressively reached +28% Y/Y with significant sales penetration, indicating robust digital growth.
Stock UpgradeAnalyst upgrades BJ to Buy from Neutral with an updated 12-month price target of $87 due to earnings upside from a better top-line outlook and return of volume growth in grocery.