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BJs Wholesale Club Holdings, Inc. - BJ STOCK NEWS

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.

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BJ's Wholesale Club announced the opening of its first club in Alabama on November 10, 2023. The new location is BJ's 239th club and features a BJ's Gas station on-site. The club offers a wide range of products, including fresh foods, household essentials, and local products. BJ's is partnering with the Food Bank of North Alabama to support local families in need. BJ's offers various shopping options, including in-club shopping, curbside pickup, and same-day delivery. New members can take advantage of limited-time offers and discounts.
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BJ's Wholesale Club Holdings, Inc. will release its financial results for the third quarter fiscal 2023 on November 17, 2023. A conference call will be held at 8:00 a.m. ET on the same day to discuss the financial performance. The call can be accessed via audio webcast on the company's investor relations website or by dialing the provided numbers. A telephonic replay will be available for one week after the call.
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BJ's Wholesale Club announces its annual free turkey promotion for Thanksgiving, offering members a free Butterball whole turkey when they spend $150 in the same transaction. The promotion runs from November 1 to November 9, and the coupon can be redeemed until November 22. BJ's also highlights its wide assortment of holiday essentials and convenient shopping options.
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BJ's Wholesale Club announces its Early Black Friday savings event, offering exclusive deals on toys, tech, TVs, and more. Members can save up to $80 on appliances, 40% on TVs, and 20% on mattresses. The event runs from October 26 to November 16, 2023.
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BJ's Wholesale Club continues partnership with Feeding America, committing over $1 million to support child and family feeding programs. BJ's has provided over $8.5 million in grant funding and 122 million meals to local families. September is Hunger Action Month, raising awareness of 34 million people, including 9 million children, experiencing food insecurity in America. BJ's Charitable Foundation supports programs for children and families, including Summer Meal, School Pantry, Kids Café, and BackPack Programs. BJ's clubs and distribution centers have donated unsold fresh food through BJ's Feeding Communities program.
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BJ's Wholesale Club appoints Anjana Harve as EVP, CIO
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BJ's Wholesale Club announces its exclusive list of Top Toys, with nearly 90% of its assortment being new for this season. The selection includes popular brands like Barbie, LEGO, and Nerf. BJ's aims to provide an unbeatable shopping experience for its members with on-trend items at compelling prices. Members can choose from various shopping options like in-club shopping, curbside pickup, and same-day delivery. BJ's full assortment of toys will be available in-club and online by early September.
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BJ's Wholesale Club announces the opening of its third club in Tennessee in Goodlettsville in early 2024. The club will have a BJ's Gas location on-site and offer everyday low fuel prices. Members can save up to 25% off grocery store prices and enjoy convenient shopping options. The new club is expected to create approximately 150 jobs.
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BJ's Wholesale Club Holdings, Inc. reports strong Q2 earnings with growth in market share, traffic, and margins. Comparable club sales increased by 1.1% YoY excluding gasoline sales. Membership fee income increased by 5.0% YoY to $103.7 million. Earnings per diluted share and adjusted earnings per diluted share were $0.97. Income from continuing operations was $131.3 million. Adjusted EBITDA was $268.8 million. Total comparable club sales decreased by 5.3% in Q2 2023. Gross profit increased to $896.8 million. Merchandise gross margin rate increased by 90 basis points. SG&A expenses increased to $695.0 million. Net income decreased to $131.3 million. Adjusted EBITDA decreased by 1.8% to $268.8 million. The Company repurchased $44.6 million of common stock in Q2 2023. Fiscal 2023 outlook: comparable club sales to increase approximately 2% YoY, membership fee income to increase approximately 5% YoY, merchandise gross margins to improve by approximately 50 basis points. GAAP and adjusted EPS expected to be in the $3.80 to $3.92 range.
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FAQ

What is the current stock price of BJs Wholesale Club Holdings (BJ)?

The current stock price of BJs Wholesale Club Holdings (BJ) is $93.77 as of December 20, 2024.

What is the market cap of BJs Wholesale Club Holdings (BJ)?

The market cap of BJs Wholesale Club Holdings (BJ) is approximately 12.4B.

What is BJ's Wholesale Club Holdings, Inc.?

BJ's Wholesale Club Holdings, Inc. is a membership-only warehouse club chain offering a wide range of products at significant savings.

Where is BJ's Wholesale Club Holdings, Inc. based?

The company is based in Westborough, Massachusetts.

How many clubs does BJ's operate?

BJ's operates over 200 clubs across 15 states from Maine to Florida.

What products and services does BJ's offer?

BJ's offers grocery items, general merchandise, gasoline, and other ancillary services, along with coupons and promotions.

How does BJ's support community organizations?

The BJ's Charitable Foundation has donated over $15 million to nearly 1,800 community organizations.

Where can I shop for BJ’s products online?

You can shop for BJ’s products online at bjs.com.

What career opportunities are available at BJ's?

BJ's offers unlimited opportunities for career growth and tremendous earning potential, encouraging innovation and rewarding achievements.

What makes BJ's shopping experience unique?

BJ's provides a differentiated shopping experience through a curated assortment of products and services, along with significant savings and high quality.

How does BJ's Wholesale Club Holdings, Inc. stand out in the retail environment?

BJ's stands out by offering unbeatable value, high-quality selection, and a focus on customer satisfaction.

How can I stay updated with the latest news about BJ's?

You can stay updated with the latest news by following BJ's Wholesale Club on their official website or financial news platforms.

BJs Wholesale Club Holdings, Inc.

NYSE:BJ

BJ Rankings

BJ Stock Data

12.38B
130.72M
0.97%
106.13%
5.34%
Discount Stores
Retail-variety Stores
Link
United States of America
MARLBOROUGH