12:43 PM EST, 03/07/2024 (MT Newswires) -- (Updates with share price movement in the headline and first paragraph)

BJ's Wholesale Club Holdings (BJ) shares rose 7.1% in recent trading Thursday after the company earlier announced quarterly results.

Fiscal Q4 adjusted earnings rose to $1.11 per diluted share from $1 a year earlier, the company said Thursday.

Analysts polled by Capital IQ expected $1.06.

Net sales in the quarter ended Feb. 3 rose to $5.25 billion from $4.83 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.4 billion.

The company said total comparable club sales declined 0.4% from a year earlier. Analysts polled by Capital IQ expected a decline of 0.3%.

In the current fiscal year, BJ's Wholesale Club expects adjusted EPS of $3.75 to $4 and comparable club sales growth of 1% to 2%, excluding the impact of gasoline sales. Analysts surveyed by Capital IQ expect EPS normalized of $3.99.

Price: 77.26, Change: +5.11, Percent Change: +7.09