Membership-only discount retailer BJ’s Wholesale Club (NYSE:BJ) will be announcing earnings results tomorrow before market hours. Here’s what you need to know.

BJ's beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $5.21 billion, up 4.9% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EPS estimates but full-year EPS guidance missing analysts’ expectations.

Is BJ's a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting BJ’s revenue to grow 3.8% year on year to $5.11 billion, in line with the 2.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.93 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. BJ's has missed Wall Street’s revenue estimates three times over the last two years.

Looking at BJ’s peers in the non-discretionary retail segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Walmart delivered year-on-year revenue growth of 5.5%, beating analysts’ expectations by 1.8%, and Sprouts reported revenues up 13.6%, topping estimates by 3.7%. Sprouts traded up 8% following the results.

Read our full analysis of Walmart’s results here and Sprouts’s results here.

Investors in the non-discretionary retail segment have had steady hands going into earnings, with share prices flat over the last month. BJ’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $88.53 (compared to the current share price of $86.33).

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefitting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.