Market Share and Traffic Growth
Achieved the twelfth consecutive quarter of market share growth and the fifteenth consecutive quarter of traffic growth, demonstrating consistent value to members.
Digital Sales Expansion
Digital sales grew 30% year over year and 61% on a two-year stack, driven by BOPIC, same-day delivery, and Express Pay.
Membership Fee Income Growth
Membership fee income grew nearly 10%, driven by strong member accounts, mixed benefits, and a recent fee increase.
Club Expansion Success
Opened new clubs in Warner Robins, Georgia and Survivorville, Tennessee, with new club membership counts 25% ahead of plan. Planned expansion includes 14 new clubs for the year.
Own Brands Growth
Introduction of new own brand products offering quality at a 30% discount compared to national brands, enhancing member value and loyalty.
Adjusted Earnings Per Share Increase
Adjusted earnings per share grew approximately 8% year over year, normalizing for a legal settlement in the previous year.