On Thursday, May 19, as of press time, BJ Wholesale Club (BJ. US), an American warehouse store, rose 10.39% to $58.97. Earlier, BJ Wholesale Club announced the Q1 financial report of 2022, which pleased the market. The results showed that boosted by gasoline sales, the company’s revenue increased by 14.4% in the first quarter, and the sales of comparable clubs excluding gasoline increased by 4.1%.
The company’s membership fee revenue increased by 11.9% to $96.6 million in the first quarter; Affected by the increase in freight costs and investment in inflation products, the gross profit margin of commodities decreased slightly by 0.3%; Adjusted EBITDA increased 9.1% to $220.8 million.
