Yahoo Finance
BJ’s Wholesale is seeing a ripple effect from economic pressure that has boosted its gas business in recent months.
However, its retail business continues to face challenges as demand grows unevenly.
In response, the company is planning significant in-store changes that could affect how customers shop.
In the first quarter of 2026, BJ’s comparable club sales increased by 6.3% year over year, which includes gasoline sales, thecompany’s latest earnings report revealed.
Gas was the main driver of this growth; without it, comparable club sales rose only 1.5% year over year.
Data from arecent Placer.ai reportrevealed that visits to BJ’s gas stations, which offer discounted fuel, gradually increased over the past two months as gas prices rose.
For example, during the week of March 9, BJ’s gas station visits spiked by 17.2% year over year, and for the week of April 6, visits rose by a whopping 21.7%.
Gas prices began to inflate following the U.S.
and Israel's attack on Iran in late February.
Currently, gas prices nationwide are averaging about $4.52 per gallon, according torecent data from the American Automobile Association (AAA).
A month ago, the average gas price was $4.03 per gallon.
In the report, Placer.ai content writerEzra Carmelwrote that “competitively priced fuel is a meaningful traffic driver during periods of elevated gas prices – reinforcing the value proposition ofwarehouse clubmemberships.” “If fuel prices remain high, members may be more inclined to consolidate shopping trips around fuel fill-ups, potentially boosting both gas station traffic and in-club spending,” he added.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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