10:18 AM EST, 11/21/2025 (MT Newswires) -- BJ's Wholesale Club (BJ) trimmed the top end of its full-year comparable club sales growth outlook on Friday amid a challenging macroeconomic backdrop, even though the warehouse club operator recorded fiscal third-quarter results above market estimates.

The company now expects comparable club sales, excluding the impact of gasoline sales, to rise by 2% to 3% for fiscal 2025, reflecting a lower top end versus the prior guidance for a 3.5% increase. The current consensus on FactSet is for a same-store sales gain of 2.7%.

The company made "prudent" inventory decisions due to a challenging macroeconomic environment impacting its ability to grow general merchandise sales, Chief Financial Officer Laura Felice said during an earnings call, according to a FactSet transcript. "While it will hamper sales in the short term, we remain confident that this was the right decision."

The stock edged down 0.6% in Friday trade.

Adjusted earnings are now pegged at $4.30 to $4.40 per share for the ongoing fiscal year, up from its previous guidance of $4.20 to $4.35. The Street is looking for non-GAAP EPS of $4.31.

"We are confident in the momentum of our business and our ability to deliver sustained growth, especially in an uncertain economic backdrop," Felice said on the call.

Earlier in the week, retail giant Walmart (WMT) raised its full-year outlook, while Target (TGT) lowered the top end of its full-year earnings guidance. Discount retailer TJX (TJX) raised its full-year outlook and posted better-than-expected third-quarter results.

BJ's adjusted EPS declined to $1.16 from $1.18 for the quarter ended Nov. 1, but topped the average analyst estimate on FactSet of $1.09. Overall revenue improved 4.9% to $5.35 billion, just ahead of the Street's view for $5.34 billion.

Comparable club sales, excluding gasoline, and general merchandise and services comparable sales inclined 1.8% each, Felice told analysts. "Traffic and market share grew again in this quarter, and we experienced approximately 1-point of inflation," the CFO added.

Membership fee income advanced 9.8% year over year to $126.3 million, amid "strong membership acquisition and retention across the chain," according to Felice.

Price: 90.01, Change: -0.58, Percent Change: -0.64