BJ's Wholesale Club — Mar 6, 2025 release

The Company repurchased a total of 6,826,153 shares under such program since its inception in the fourth quarter of fiscal 2021, utilizing the entire authorization of $500.0 million. . 2 . • On November 18, 2024, the Company’s Board of Directors approved a new share repurchase program. The authorization allows the Company to repurchase up to $1.0 billion of its outstanding common stock and will expire in January 2029. This authority may be exercised from time to time and in such amounts as market conditions warrant. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate requirements, market conditions, and other corporate liquidity requirements and priorities. • On November 4, 2024, the Company amended its senior secured first lien term loan. The interest rate was reduced from the Secured Overnight Financing Rate (“SOFR”) plus 200 basis points per annum to SOFR plus 175 basis points per annum. Fiscal 2025 Ending January 31, 2026 Outlook “As we look to fiscal 2025, we believe our continued focus on our strategic priorities and commitment to delivering great value will drive strong results for our business,” said Laura Felice, Executive Vice President, Chief Financial Officer, BJ’s Wholesale Club. “We also recognize the macro-driven uncertainties in the operating environment and as such, remain cautiously optimistic about the year.” The Company provided the following guidance for fiscal 2025: • Comparable club sales, excluding the impact of gasoline sales, to increase 2.0% t