BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Q2 2022 Earnings Conference Call August 18, 2022 8:30 AM ET

Company Participants

Catherine Park - VP, IR

Robert Eddy - President, CEO

Laura Felice - CFO

William Werner - EVP, Strategy & Development

Conference Call Participants

Peter Benedict - Baird

Edward Kelly - Wells Fargo

Robby Ohmes - Bank of America

Kate McShane - Goldman Sachs

Chuck Grom - Gordon Haskett

Krisztina Katai - Deutsche Bank

Michael Baker - D.A. Davidson

Operator

Hello, everyone, and welcome to BJ's Wholesale Club Holdings, Inc. Second Quarter 2022 Earnings Conference Call. My name is Davie, and I will be coordinating your call today. After the speaker remarks, there will be a question-and-answer session. [Operator Instructions]

I'll now pass the call over to your host, Cathy Park. Cathy, please go ahead.

Catherine Park

Good morning, and thank you all for joining BJ's Wholesale Club's second quarter fiscal 2022 earnings conference call. On the call today are Bob Eddy, President and Chief Executive Officer; Laura Felice, Chief Financial Officer; and Bill Werner, Executive Vice President, Strategy and Development.

Please remember that during this call, we may make forward-looking statements within the meaning of the federal securities laws. These statements are based on our current expectations and involve risks and uncertainties that could cause actual results to differ materially from our expectations described on this call. Please see the Risk Factors section of our most recent Form 10-K and Form 10-Q filed with those SEC for a description of those risks and uncertainties.

Finally, please note that on today's call, we will refer to certain non-GAAP financial measures that we believe will provide useful information for investors. The presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Please refer to today's press release posted on our investors relations website for a reconciliation of these non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP.

With that, I'll turn the call over to Bob.

Robert Eddy

Good morning. Thank you for joining us today. In the second quarter, we produced strong results in a marketplace influenced by inflation, waning government stimulus and high gas prices. Investments we've made to transform this company and our relentless focus on executing our long-term initiatives have put us in a place to capitalize on current trends and deliver the strong performance. Our member base is growing in both size and quality.