BJs Wholesale Club Holdings, Inc. - BJ STOCK NEWS

BJ’s Wholesale Club Holdings reported strong third-quarter earnings for fiscal 2022, with total comparable club sales up 9.7% year-over-year. Membership fee income rose 8.7% to $99.5 million. Digitally enabled sales saw a remarkable 43.0% increase. Earnings per share advanced to $0.95, a 3.3% year-over-year growth. The company anticipates fiscal 2022 comparable club sales growth, excluding gasoline, between 5.0% and 5.5%, with EPS guidance adjusted to $3.70 to $3.80.

BJ's Wholesale Club is opening a new location in Wayne, New Jersey, on November 18, 2022. This marks the retailer's 24th club in the state and brings its total to 234 U.S. clubs. The new club features a BJ's Gas station, with fuel options including regular, premium, and diesel, set to open in December. Customers can benefit from a limited-time membership offer of $25 for a year, significantly lower than the regular price of $55. The club will provide various shopping options, including curbside pickup and same-day delivery.

BJ’s Wholesale Club is rolling out massive holiday savings for its members, focusing on offering unbeatable deals across various categories, including toys, electronics, and home appliances. Early Black Friday deals started on November 15, featuring discounts like $400 off an LG 86" TV and $70 off a SimpliSafe security system. The club also promotes flexible shopping options, extended holiday hours, and exclusive member benefits such as gas savings and a buy now, pay later option. The holiday shopping period includes sales from Thanksgiving through Cyber Monday.

BJ’s Wholesale Club has launched its free turkey promotion for members ahead of Thanksgiving. From November 1 to November 10, members spending $150 in one transaction will receive a digital coupon for a free Butterball turkey, redeemable from November 12 to November 23. The retailer emphasizes its commitment to value during the holiday season, offering a range of Thanksgiving essentials both in-club and online. BJ's will be closed on Thanksgiving Day but reopen on Black Friday at 8 a.m.. For more details, visit BJs.com/FreeTurkey.

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) will announce its third quarter fiscal 2022 financial results on November 17, 2022, prior to market opening. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss the results. Investors can access a live audio webcast via the company’s investor relations website. Founded in 1984, BJ’s operates 232 clubs and 163 BJ’s Gas® locations across 18 states, focusing on delivering value through a curated assortment of products and omnichannel capabilities.

BJ's Wholesale Club has announced the grand opening of its newest location in New Albany, Ohio, on November 4, 2022, marking its 7th club in Ohio and the total count to 233 nationwide. The new club features BJ's Gas station, offering competitive fuel prices and savings through BJ's Fuel Saver Program. To entice new membership, BJ's is providing special offers, including gift cards and coupons for members who join before November 3, 2022. The club aims to deliver unbeatable savings and a broad selection of products while supporting the local community through food donations.

BJ’s Wholesale Club, headquartered in Marlborough, Massachusetts, will remain closed on Thanksgiving Day, November 24, continuing a 16-year tradition. Executive VP Jeff Desroches emphasized the importance of allowing team members time with family during the holiday season. The club will reopen on Black Friday, November 25, at 8 a.m. Members can take advantage of special holiday deals starting on Thanksgiving Day online. BJ’s operates 232 clubs and offers various shopping options, including in-club shopping and same-day delivery.

BJ's Wholesale Club is expanding with a new location in Greenburgh, New York, set to open on October 28, 2022, bringing its total clubs in the state to 47. The new club, located at 399 Tarrytown Road, will enhance BJ's presence in the Eastern U.S., now totaling 232 clubs nationwide. To celebrate, BJ's is offering limited-time membership deals, including a 1-year Inner Circle Membership for $25. BJ's continues to support local communities through its charitable efforts, contributing over 125 million pounds of food to those in need.

BJ's Wholesale Club and Capital One Financial have entered a strategic agreement, making Capital One the exclusive issuing partner for BJ's Mastercard program, set to launch in early 2023. This agreement includes the acquisition of BJ's existing credit card accounts. BJ's aims to enhance member value through improved customer service and digital offerings, leveraging Mastercard's extensive network. Capital One's proven track record in delivering superior payment products positions the partnership to accelerate BJ's growth and enhance customer loyalty.