Streetbeat News

BJ's Wholesale Club Holdings, Inc.

https://www.bjs.com

Industry

Discount Stores

BJ's Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It provides perishable, general merchandise, gasoline, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, Wellsleyfarms.com, and Delivery.bjs.com as well as the mobile app. As of June 10, 2022, it operated 229 warehouse clubs and 160 gas locations in 17 states. The company was formerly known as Beacon Holding Inc. and changed its name to BJ's Wholesale Club Holdings, Inc. in February 2018. BJ's Wholesale Club Holdings, Inc. was founded in 1984 and is headquartered in Westborough, Massachusetts.

Open

98.61

Mkt cap

13B

Volume

867K

High

98.78

P/E Ratio

23.39

52-wk high

100.74

Low

96.56

Div yield

N/A

52-wk low

64.06

BJ's Wholesale Club is set to open its 40th club in Florida on December 20, 2024, in St. Johns. The new location will include a BJ's Gas station offering low fuel prices and additional savings through the BJ's Fuel Saver Program, enhancing its value proposition for customers.

Portfolio Pulse from

December 19, 2024 | 9:30 pm

The article discusses whether BJ's Wholesale Club (BJ) stock is currently undervalued, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions to identify strong stocks.

Portfolio Pulse from

December 03, 2024 | 4:00 pm

BJ's Wholesale Club Holdings, Inc. (BJ) has reached a 52-week high. The article explores whether the company's fundamentals support further gains.

Portfolio Pulse from

November 26, 2024 | 3:30 pm

In 2024, several companies have announced stock buyback authorizations totaling $1 billion to enhance shareholder value. These buybacks are becoming a common strategy among companies.

Portfolio Pulse from

November 26, 2024 | 1:45 pm

BJ's Wholesale Club Holdings has been given a hold rating due to its high relative valuation, despite strong 3Q24 results with revenue growth, margin expansion, and an EPS beat. The company announced its first membership fee increase in seven years, expected to boost financials.

Portfolio Pulse from

November 26, 2024 | 3:00 am

Costco Wholesale and BJ's Wholesale Club are experiencing strong growth and record profitability due to the popularity of their members-only discount store concept.

Portfolio Pulse from

November 25, 2024 | 1:30 pm

BJ's Wholesale reported better-than-expected Q3 earnings, increased its membership base, and announced a $1 billion share buyback. The company also raised its fiscal 2024 guidance, indicating strong strategic initiatives.

Portfolio Pulse from

November 22, 2024 | 9:15 pm

BJ's Wholesale Club Holdings, Inc. held its Q3 2024 earnings conference call, discussing financial performance and strategic developments.

Portfolio Pulse from

November 22, 2024 | 5:45 am

BJ's Wholesale Club Holdings, Inc. experienced a 23% stock increase over two months, supported by strong Q3 results including a 3.7% net sales increase, expanded gross profit and margins, and an EPS beat by $0.25. The company also announced a significant share repurchase program.

Portfolio Pulse from

November 21, 2024 | 9:00 pm

BJ's Wholesale Club is set to increase its membership fees for the first time in seven years, with standard membership rising to $60 and Club+ membership to $120 starting January.

Portfolio Pulse from

November 21, 2024 | 7:30 pm

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