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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 reported strong financial performance for the fourth quarter and fiscal year ended January 28, 2023, with a 9.8% year-over-year increase in comparable club sales. Membership fee income grew by 8% to $101.8 million. The company achieved record earnings per diluted share of $0.95, a 21.8% increase, while adjusted EPS rose 25% to $1.00. Net sales increased by 13.2% in Q4, totaling $4.83 billion. For FY 2022, net income rose to $513.2 million, up 20.3% from FY 2021. The company plans to increase comparable club sales by 4-5% in FY 2023 while investing approximately $450 million in capital expenditures.

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BJ's Wholesale Club announced the opening of its sixth location in Georgia, in McDonough, on February 24, 2023, increasing its total U.S. clubs to 237. The new club will feature a BJ's Gas station, offering competitive fuel prices and savings through the BJ's Fuel Saver Program. A limited-time founding member offer allows new members to join for $25, down from the regular $55 fee. BJ's continues to attract customers with a variety of shopping options and a wide range of products. The company emphasizes savings, convenience, and community support through partnerships with local food banks.

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BJ's Wholesale Club (NYSE: BJ) announced the opening of its newest club in Davenport, Florida, on February 17, 2023. This marks the retailer's expansion to a total of 236 clubs across the U.S. The Davenport location will feature a BJ's Gas station, offering competitive fuel prices and a Fuel Saver Program. To celebrate the opening, BJ's is providing a limited-time membership offer: a 1-year Inner Circle Membership for $25 and a Perks Rewards Membership for $65, with significant cashback benefits. The club promises unbeatable savings, a variety of shopping options, and a focus on community engagement.

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BJ's Wholesale Club is set to open its first location in Tennessee this year, marking its expansion into the 19th state. The new club will be situated in La Vergne, nearby Nashville. This opening is part of BJ's broader growth strategy, which includes additional clubs in Davenport, Florida and McDonough, Georgia this month. Each new club is expected to create approximately 150 jobs, contributing to the local economy. BJ's is recognized for offering significant savings, including up to 25% off grocery prices, and various shopping options like curbside pickup and same-day delivery.

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BJ’s Wholesale Club Holdings (NYSE: BJ) announced the resignation of Tom Kingsbury from its Board of Directors, effective February 7, 2023. This decision follows Mr. Kingsbury's recent appointment as CEO of Kohl’s Corporation. He joined the board in February 2020 and served on the Compensation Committee. The Company expressed gratitude for his contributions and leadership during his tenure. BJ’s continues to explore opportunities for new board members to enhance governance, emphasizing skillset diversity. This transition aims to reinforce the Company's strategic priorities amidst ongoing growth.

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BJ's Wholesale Club has announced the launch of the BJ's One™ Mastercard program in partnership with Capital One and Mastercard, set to begin on February 27, 2023. The program allows members to earn never-expiring rewards and enjoy savings at BJ's Gas. Cardholders can earn up to 5% back on purchases at BJ's and receive fuel discounts of 10¢ to 15¢ off per gallon at BJ's Gas. Additionally, BJ's is enhancing its membership program, rebranding it as the Club+ Card Membership, to include further benefits. The initiative aims to increase member satisfaction and strengthen BJ's competitive position in the retail space.

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BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) announces the resignation of Judy Werthauser from its Board of Directors to pursue a new opportunity. Werthauser, a board member since November 2018, was the Chair of the Compensation Committee. The board plans to appoint Ken Parent as the new Chair of the Compensation Committee and Chris Peterson will join this committee. Werthauser expressed confidence in BJ’s leadership and their future success. The company continues to evaluate its board composition for effective governance. BJ’s operates 235 clubs and 164 gas locations across the Eastern United States.

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BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) announced plans to release its fourth quarter fiscal 2022 financial results on March 9, 2023, before the market opens. The Company will also host an Investor Day at 8:30 am ET, where leaders will discuss the fourth quarter performance and provide insights into the long-term growth strategy and outlook. The event will be accessible via a live webcast, and materials will be available post-event. BJ’s operates 235 clubs and 164 BJ’s Gas locations across 18 states, focusing on delivering significant value through a diverse product assortment and enhanced omnichannel capabilities.

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BJ's Wholesale Club announced the opening of its new location in Midlothian, Virginia, on December 9, 2022. This marks the company's 15th club in Virginia and brings the total number of clubs to 235 across the U.S. The new site will feature a BJ's Gas station and offer members everyday low fuel prices and a Fuel Saver Program. To celebrate the opening, BJ's is offering a limited-time membership deal, allowing shoppers to join at discounted rates valid until December 8, 2022.

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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
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United States of America
MARLBOROUGH