However, total comparable club sales decreased by 0.3% due to declining retail fuel prices. Membership fee income, a key metric for the warehouse club model, rose 9.0% YoY to $123.3 million. "Our business model continues to perform and build upon momentum, as we grow membership and gain market share even in a dynamic environment," said Bob Eddy, Chairman and Chief Executive Officer of BJ's Wholesale Club (NYSE: BJ ). "We enter the back half of the year on solid footing and confident in our ability to deliver strong results." The company updated its fiscal 2025 outlook, now expecting adjusted earnings per share between $4.20 and $4.35, compared to the analyst consensus of $4.31. BJ's maintained its forecast for comparable club sales growth of 2.0% to 3.5% excluding gasoline. Merchandise gross margin rate, which excludes gasoline sales and membership fee income, improved by 10 basis points compared to the same quarter last year.