Welcome to our dedicated page for BJs Wholesale Club Holdings news (Ticker: BJ), a resource for investors and traders seeking the latest updates and insights on BJs Wholesale Club Holdings stock.
BJ's Wholesale Club Holdings, Inc. (symbol: BJ) is a leading membership-only warehouse club chain based in Westborough, Massachusetts. Founded with a mission to deliver exceptional value, BJ's operates over 200 clubs across 15 states from Maine to Florida, offering a wide range of top-quality products at significant savings.
BJ's core business model revolves around providing a curated assortment of grocery items, general merchandise, gasoline, and other ancillary services. The company has carved a niche in the competitive retail environment by focusing on unbeatable value and high-quality selection, both in their physical stores and online at bjs.com.
In recent years, BJ's has achieved remarkable growth, driven by its commitment to innovation and customer satisfaction. The company continues to expand its footprint and enhance its product offerings, ensuring members receive the best possible shopping experience. BJ's also stands out for its charitable contributions; since its inception, the BJ's Charitable Foundation has donated over $15 million to nearly 1,800 community organizations.
For those seeking career opportunities, BJ's Wholesale Club offers tremendous potential for growth and success. The company fosters a supportive environment that encourages innovation and rewards achievements, making it a great place to build a rewarding career.
Stay updated with the latest news and developments about BJ's Wholesale Club Holdings, Inc. to understand its market performance and ongoing projects, which continue to strengthen its position as a leading retailer.
BJ's Wholesale Club, a prominent membership warehouse operator in the Eastern U.S., has appointed Catherine Park as vice president of investor relations, effective February 21, 2022. Park brings extensive experience from her previous role as executive director of investor relations at MGM Resorts and from her time at JPMorgan Chase. This appointment aims to enhance BJ's engagement with investors and support the leadership team in managing investor relations.
Currently, BJ's operates 226 clubs and 157 BJ's Gas locations across 17 states.
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) announced it will release its fourth quarter fiscal 2021 financial results before the market opens on March 3, 2022. A conference call will follow at 8:30 a.m. ET to discuss the results. Interested participants can listen by dialing (844) 200-6205 in the U.S. or (929) 526-1599 internationally, using conference ID 442374. A replay of the call will be available for a week post-event. The company operates 226 clubs and 157 BJ's Gas® locations across 17 states.
BJ's Wholesale Club (NYSE: BJ) has announced an agreement to acquire four distribution centers and a private transportation fleet from Burris Logistics. This strategic move aims to bring BJ's perishable supply chain in-house, enhancing efficiency and supporting future growth as the company expands its club footprint and fresh food offerings. The acquisition, covering facilities in Rocky Hill, Orlando, Elkton, and Independence, has received approval from both companies' boards and is subject to regulatory approval, expected to close in Q2 2022.
BJ’s Wholesale Club (NYSE: BJ) is set to open a new location in Lansing, Michigan on January 28, 2022, bringing its total U.S. locations to 226. This club will feature a BJ's Gas station, marking the 157th gas station for the company, with 12 fueling positions available. The club includes various shopping options like curbside pickup and same-day delivery. Local shoppers can avail a Founding Member offer until January 27 for discounted memberships, including cash back incentives. The new store aims to enhance savings for local members.
BJ's Wholesale Club announced the opening of its 34th club in Florida, located in Port Charlotte, on January 21, 2022. This new location increases BJ's total U.S. clubs to 225. The club will feature a BJ's Gas station, its 155th location, with various fuel options. Local shoppers can take advantage of special membership offers until January 20, 2022, including discounts and cash back programs. The club aims to provide unbeatable savings and convenient shopping options for members in the area.
BJ's Wholesale Club announced the opening of its new location in Commack, N.Y. on January 7, 2022, marking the first club opening of the year and increasing its total to 224 clubs across the U.S. This new club will feature a variety of shopping options including curbside pickup and same-day delivery, along with a range of products from groceries to household essentials. To celebrate, BJ's offers a limited-time membership promotion until January 6, 2022, with discounts on both Inner Circle and Perks Rewards memberships, appealing to local shoppers.
BJ's Wholesale Club has announced the opening of its first club in the Pittsburgh market on December 10, 2021, located in South Fayette Township, PA. This addition will increase the total number of BJ’s locations in the U.S. to 223, including 18 in Pennsylvania. Following the recent launch of a fueling facility in the same area on December 2, the club aims to provide shoppers with various services, including curbside pickup and same-day delivery. Special membership offers are available until December 9, 2021, incentivizing local shoppers to join.
BJ’s Wholesale Club Holdings reported a robust third quarter for fiscal 2021, showing a 14.4% increase in net sales, reaching $4.17 billion. Earnings per diluted share rose 4.5% year-over-year to $0.92. The company experienced strong membership growth, with first-year renewal rates at historic levels. However, operating income fell 10.6% to $170.2 million, impacted by rising SG&A expenses, which increased 11.8% to $618 million. Despite these challenges, BJ’s also launched a new share repurchase program of $500 million to bolster shareholder confidence.
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) will release its third-quarter fiscal 2021 financial results on November 18, 2021, before the market opens. Following the release, the company will host a conference call at 8:30 a.m. ET to discuss its financial performance. Participants can join via phone or through a live audio webcast available on investors.bjs.com. BJ's operates 222 clubs and 152 gas locations across 17 states in the Eastern U.S.
FAQ
What is the current stock price of BJs Wholesale Club Holdings (BJ)?
What is the market cap of BJs Wholesale Club Holdings (BJ)?
What is BJ's Wholesale Club Holdings, Inc.?
Where is BJ's Wholesale Club Holdings, Inc. based?
How many clubs does BJ's operate?
What products and services does BJ's offer?
How does BJ's support community organizations?
What career opportunities are available at BJ's?
What makes BJ's shopping experience unique?
How does BJ's Wholesale Club Holdings, Inc. stand out in the retail environment?
How can I stay updated with the latest news about BJ's?
