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

87.88

Mkt cap

12B

Volume

931K

High

89.00

P/E Ratio

22.38

52-wk high

92.37

Low

87.20

Div yield

N/A

52-wk low

63.08

BJ's Wholesale Club (BJ) has a strong track record of surpassing earnings expectations and is well-positioned to potentially exceed estimates in its upcoming quarterly report.

Portfolio Pulse from

November 19, 2024 | 6:30 pm

The article discusses the potential for earnings surprises in the consumer discretionary sector, highlighting the importance of the Zacks Earnings ESP tool. It suggests that investors should consider taking advantage of opportunities in this sector now.

Portfolio Pulse from

November 19, 2024 | 3:00 pm

BJ's Wholesale is expected to report positive Q3 earnings, driven by better pricing, private-label offerings, merchandise initiatives, and digital solutions.

Portfolio Pulse from

November 18, 2024 | 4:45 pm

Analysts predict that BJ's Wholesale Club (BJ) will report a decline in earnings in its upcoming report. The company lacks the necessary factors to likely exceed earnings expectations.

Portfolio Pulse from

November 14, 2024 | 4:15 pm

BJ's Wholesale Club (NYSE:BJ) has significantly outperformed the market over the past 5 years, with an average annual return of 25.93%. A $1000 investment in BJ 5 years ago would now be worth $3,148.09. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:30 pm

BJ's Wholesale Club is set to open a new location in West Palm Beach on October 25. The club will feature an on-site BJ's Gas station offering everyday low fuel prices.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 10:32 am

Walmart and BJ's Wholesale Club are expected to outperform in Q3 due to slight grocery inflation and increased demand from hurricane preparedness. Grocery inflation rose to 2% in Q3, benefiting these retailers as they rely heavily on grocery sales. Walmart's grocery comps are projected at +6.2% and BJ's at +3.8%, both exceeding expectations.

Portfolio Pulse from Surbhi Jain

October 15, 2024 | 2:10 pm

BJ's Wholesale Club (NYSE:BJ) has significantly outperformed the market over the past 5 years, with an average annual return of 28.25%. A $1000 investment in BJ 5 years ago would now be worth $3,498.79, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 2:30 pm

BJ's Wholesale Club's short interest has decreased by 3.01%, with 7.58 million shares sold short, representing 7.4% of its float. This is higher than its peers' average of 3.44%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 7:15 pm

Cal-Maine Foods and BJ's Wholesale Club are identified as overbought stocks in the consumer staples sector, with high RSI values indicating potential short-term price corrections.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 1:05 pm

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