BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Q4 2023 Earnings Conference Call March 7, 2024 8:00 AM ET

Company Participants

Cathy Park - Investor Relations

Bob Eddy - Chairman and Chief Executive Officer

Laura Felice - Chief Financial Officer

Bill Werner - Executive Vice President, Strategy and Development

Conference Call Participants

Robby Ohmes - Bank of America

Simeon Gutman - Morgan Stanley

Michael Baker - D.A. Davidson

Oliver Chen - Cowen

Ed Kelly - Wells Fargo

Kate McShane - Goldman Sachs

Operator

Good morning, everyone, and welcome to the BJ's Wholesale Club Holdings, Inc. Fourth Quarter 2023 Earnings Conference Call. My name is Drew, and I'll be coordinating your call today. [Operator instructions]

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

Cathy Park

Good morning, and welcome to BJ's fourth quarter fiscal 2023 earnings call. On the call with me today are Bob Eddy, Chairman 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 sections of our most recent Form 10-K and Form 10-Q filed with the 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 and latest investor presentation posted on our investor relations website for a reconciliation of these non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP.

And now, I'll turn the call over to Bob.

Bob Eddy

Good morning, everyone. Thanks for joining us today to discuss our fourth quarter and full year results for 2023. We ended the year with strong results, highlighted by robust growth in the fourth quarter. This growth in membership, traffic, units, and market share capped off another dynamic year. I'm proud of how our team managed through the changing landscape while maintaining our focus on long-term priorities and never losing focus on delivering value to our members.