BJs Wholesale Club Holdings, Inc. - BJ STOCK NEWS

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.

BJ’s Wholesale Club (NYSE: BJ) has launched its annual turkey promotion for Thanksgiving from November 4 to November 24, 2021. Members can receive a free Butterball whole turkey with a coupon when they spend $100 on qualifying items. Additionally, members will earn a $10 award for future shopping from December 2 to December 16, 2021. The promotion includes over 200 qualifying items and is available for in-club and online shopping.

The company will close on Thanksgiving Day for employee time off but will offer online deals.

BJ’s Wholesale Club (NYSE: BJ) has announced its Black Friday savings, beginning early this year. Members can shop for top holiday gifts with deals available from November 4 to November 29, 2021. Offers include discounts on TVs, furniture, and appliances, available both in-club and online. The company emphasizes convenience with various shopping options, including same-day delivery and flexible financing. BJ’s will be closed on Thanksgiving Day, with doors opening at 7 a.m. on Black Friday. The club currently operates 222 locations across the Eastern United States.

BJ’s Wholesale Club Holdings, Inc. announced key leadership changes to enhance strategic direction and accelerate transformation. Rachael Vegas has been appointed Executive Vice President and Chief Merchandising Officer effective October 25, 2021. She will oversee merchandising and assortment planning, reporting to Paul Cichocki. Additional appointments include Tim Morningstar as Chief Membership Officer and Monica Schwartz as Chief Digital Officer. These changes aim to strengthen BJ’s leadership team to capitalize on growth opportunities and enhance value for members.

BJ’s Wholesale Club (NYSE: BJ) announced it will close its doors on Thanksgiving Day for the 15th consecutive year, allowing team members to spend quality time with family and friends. This decision, endorsed by executive vice president Jeff Desroches, reflects the company’s commitment to employee well-being, particularly during challenging times. Members can still access Black Friday deals online on Thanksgiving Day, with in-club shopping resuming on November 26 at 7 a.m. Early bird promotions will run from November 4 to November 29.