BJ’s Wholesale Club (BJ)
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How BJ's Wholesale Combines Membership and Digitization to Scale Up
ZACKS· 2024-12-24 15:21
Freshpet Inc (FRPT) - Manufactures, distributes, and markets natural fresh meals and treats for dogs and cats [3] - Currently carries a Zacks Rank 2 [3] - Trailing four-quarter earnings surprise of 144.5% on average [3] - Zacks Consensus Estimate for current financial-year sales and earnings implies growth of 27.2% and 228.6% respectively [18] BJ's Wholesale Club Holdings Inc (BJ) - Membership fee income increased by 8.4% year-over-year in Q3 fiscal 2024 [4] - Expects to operate more than 250 clubs by the end of fiscal 2024 [4] - Digitally enabled comparable sales rose 30% in Q3 fiscal 2024 [17] - Clubs fulfill more than 90% of digitally enabled sales [17] - Announced first membership fee increase in seven years, effective Jan 1, 2025 [12] - Annual Club membership fee to rise by $5 to $60, Club+ membership fee to increase by $10 to $120 [12] - Introduced new perk for Club+ members including two free same-day deliveries on eligible orders of $50 or more [12] - Shares advanced 13.3% against industry decline of 1.2% [13] - Guided total revenue growth of mid-single-digit percentage [16] - Projected low-to-mid single-digit percentage increase in comparable club sales excluding gasoline sales [16] - Expects high-single to low-double-digit percentage increase in earnings per share in the long run [16] Sprouts Farmers Market Inc (SFM) - Engaged in retailing of fresh, natural, and organic food products [8] - Currently sports a Zacks Rank 1 (Strong Buy) [8] - Trailing four-quarter earnings surprise of 15.3% on average [8] - Zacks Consensus Estimate for current financial-year sales and earnings implies growth of 12.2% and 29.6% respectively [19] Ingredion Incorporated (INGR) - Manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn and other starch-based materials [15] - Currently carries a Zacks Rank 2 (Buy) [15] - Trailing four-quarter earnings surprise of 9.5% on average [15] - Zacks Consensus Estimate for current financial year's earnings indicates growth of 12.4% from the year-ago reported number [9]
BJ's Wholesale Expands Footprint, Opens 40th Location in Florida
ZACKS· 2024-12-20 18:16
BJ's Wholesale Club Holdings, Inc. (BJ) has announced the opening of its 40th club in Florida. The new club includes an on-site BJ’s Gas station, offering everyday low fuel prices and additional savings through its Fuel Saver Program.This latest opening in St. Johns indicates BJ’s broader expansion strategy. BJ's Wholesale Club continues its growth momentum, having opened three new clubs and four gas stations in the third quarter of fiscal 2024. The company is on track to surpass its goal of 250 clubs by th ...
Is BJ's Wholesale Club (BJ) Stock Undervalued Right Now?
ZACKS· 2024-12-03 15:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...
BJ’s Wholesale Club (BJ) - 2025 Q3 - Quarterly Report
2024-11-27 11:58
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________ _______________________________ Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 BJ New York Stock Exchange FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF T ...
BJ's Wholesale Club Holdings, Inc. (BJ) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-26 15:20
Have you been paying attention to shares of BJ's Wholesale Club (BJ) ? Shares have been on the move with the stock up 15.3% over the past month. The stock hit a new 52-week high of $99.91 in the previous session. BJ's Wholesale Club has gained 47.6% since the start of the year compared to the 15.4% move for the Zacks Consumer Discretionary sector and the 14.4% return for the Zacks Consumer Services - Miscellaneous industry.What's Driving the Outperformance?The stock has a great record of positive earnings s ...
3 Stocks That Authorized $1 Billion Stock Buybacks to Boost Value
MarketBeat· 2024-11-26 13:30
Numerous stock buyback or repurchase authorization announcements were made throughout 2024. For the most part, they have become commonplace. A buyback authorization is not an obligation or requirement to buy back stock but more so permission to repurchase shares. The company has the option to buy stock whenever it chooses under the conditions of the buyback plan. This distinction is critical as investors tend to believe a stock repurchase authorization means the company is immediately and furiously buying i ...
BJ's Wholesale Club Holdings: Unattractive Upside Keeps Me Hold Rated
Seeking Alpha· 2024-11-26 02:48
My previous investment thought on BJ’s Wholesale Club Holdings (NYSE: BJ ) (published on 23 rd August) was a hold rating, mainly because of the high relative valuation that BJ traded at. I reiterate my hold rating. I believe the near-termI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the med ...
Better Stock to Buy Right Now: Costco vs. BJ's Wholesale
The Motley Fool· 2024-11-25 13:15
Bulk-buying, bargain-hunting shoppers have made the members-only discount store concept wildly successful. Costco Wholesale (COST 0.88%) and BJ's Wholesale Club (BJ 4.26%) are translating that popularity into strong growth and record profitability. At the time of this writing, shares of both companies are at an all-time high with Costco up 44% this year and BJ's up a similarly impressive 40%. Should you buy Costco or BJ's Wholesale stock now? Here's what you need to know. The case for BJ's Wholesale Club De ...
BJ's Wholesale Q3 Earnings Top, FY24 View Up, Membership Hike Ahead
ZACKS· 2024-11-22 21:01
BJ’s Wholesale Club Holdings, Inc. (BJ) reported its third-quarter fiscal 2024 results, showcasing mixed performance. While revenues fell short of the Zacks Consensus Estimate, earnings surpassed expectations. Both metrics improved year over year, supported by decent comparable club sales growth.The Marlborough, MA-based company achieved a significant milestone by growing its membership base to 7.5 million members and announced its first membership fee hike in seven years. BJ’s unveiled a new $1 billion sha ...
BJ's Wholesale Positioned As One Of Few Big-box Retailers With Long-Term Growth Potential – Analyst Highlights Membership, Sales, And Digital Performance
Benzinga· 2024-11-22 18:49
DA Davidson analyst Michael Baker reiterated the Buy rating on BJ’s Wholesale Club Holdings, Inc. BJ, raising the price forecast to $110 from $95.Yesterday, the company reported third-quarter adjusted earnings per share of $1.18, beating the street view of 91 cents. Quarterly revenues of $5.10 billion were in line with the analyst consensus.BJ’s Wholesale Club expects fourth-quarter adjusted EPS to be between $0.78 and $0.88. For FY2024, adjusted EPS is forecasted at $3.90 – $4.00, up from previous guidance ...