07:20 AM EST, 11/21/2024 (MT Newswires) -- BJ's Wholesale Club (BJ) reported fiscal Q3 adjusted earnings Thursday of $1.18 per diluted share, up from $1.00 a year earlier.

Analysts polled by FactSet expected $0.93.

Net sales for the quarter ended Nov. 2 were $4.98 billion, up from $4.82 billion a year earlier.

Analysts polled by FactSet expected $5.12 billion.

For fiscal Q4, adjusted EPS is expected to range from $0.78 to $0.88, the company said. Analysts polled by FactSet expect $0.97.

The company said it now expects fiscal 2024 adjusted EPS of $3.90 to $4.00, narrowing the previous range of $3.75 to $4.00. Analysts polled by FactSet are looking for $3.84.

BJ's Wholesale shares were 6% higher in premarket trading.