BJ’s Wholesale Club saw a 9.8% increase in membership-fee income, reaching $126.3 million. Shoppers, across all income levels, are seeking deals amidst higher prices but their purchasing habits have stayed consistent. The company’s profit slightly decreased, but earnings per share surpassed Wall Street expectations.

BJ’s reported a 1.1% increase in comparable-club sales during the quarter, with revenue rising nearly 5% to $5.35 billion. The company plans to focus on private-brand products, offering items at a 30% lower cost than name brands. Shares initially rose 4% after the earnings report, but later settled to trade flat.

Read more at Yahoo Finance: BJ’s Sales Gain as Consumer Shopping Habits Stay Consistent