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With groceries driving sales, BJ’s posts its most profitable third quarter ever.

According to President and CEO Bob Eddy, BJ’s Wholesale Club’s game has improved 5.3% year over year in comparable-store sales minus fuel during the third quarter of 2022 due to strong consumer demand for food.

Related: Raley’s “e-commerce wheel” is increasing profitability for its online business

Comparing the third quarter of 2021 to the same period in 2021, net sales increased by 12.3% to just under $4.7 billion, while net profits per share increased by over 9%. According to Eddy, performance in Q3 was better than BJ had anticipated, and the quarter ended up being the most prosperous third in the history of the business.

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