Mina De La O BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) in our view is taking a breather. Some healthy consolidation, really. We think the long-term story remains intact, and future weakness is worth considering. For now, we remain at "hold," but if the price dips into the $70s, it is worth considering. As a reminder, if you do not have a BJ's club in your area, this is like a warehouse type store chain. The company operates hundreds of membership-only clubs in well over a dozen states. You may be familia ...

Key Takeaways BJ's Wholesale Holdings said full-year adjusted earnings per share could be at the low end of its forecast because of long-term investments. The retailer's selling, general, and administrative expenses increased 8% from a year ago. Adjusted earnings per share, revenue, net sales, and membership fees all exceeded analysts' estimates. BJ's Wholesale Club (BJ) shares sank after the retailer gave soft guidance as it looks to invest more money into the business. BJ's CFO Laura Felice said full-year ...

Pre-market futures are keeping mildly positive this morning, as they were yesterday at the closing bell. We do have seasonal lower volume overall, so it's nice to see the moves at these levels remain in the green. The Dow is up another +45 points, the S&P 500 +11 and the Nasdaq +63 points at this hour. Bond yields are also cooling slightly: 3.83% on the 10-year, 3.97% on the 2-year. Jobless Claims Stay Well-Behaved This being Thursday morning, we see new Weekly Jobless Claims flattish with last week's talli ...

BJ's Wholesale Club (BJ) reported $5.21 billion in revenue for the quarter ended July 2024, representing a yearover-year increase of 4.9%. EPS of $1.09 for the same period compares to $0.97 a year ago. The reported revenue represents a surprise of +0.95% over the Zacks Consensus Estimate of $5.16 billion. With the consensus EPS estimate being $1.00, the EPS surprise was +9.00%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

BJ's Wholesale Club (BJ) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9%. A quarter ago, it was expected that this wholesale membership warehouse operator would post earnings of $0.83 per share when it actually produced earnings of $0.85, delivering a surprise of 2.41%. Over the last ...

Exhibit 99.1 BJ's Wholesale Club Holdings, Inc. Announces Second Quarter Fiscal 2024 Results Second quarter demonstrates strong momentum in membership, traffic, and unit volumes Second Quarter Fiscal 2024 Highlights • Comparable club sales increased by 3.1% year-over-year • Comparable club sales, excluding gasoline sales, increased by 2.4% year-over-year • Digitally enabled comparable sales growth was 22.0% year-over-year • Membership fee income increased by 9.1% year-over-year to $113.1 million • Earnings ...

BJ's Wholesale Club Holdings, Inc. (BJ) is likely to register an increase in the top line when it reports secondquarter fiscal 2024 results on Aug 22 before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $5.16 billion, which indicates growth of 3.9% from the prior-year reported figure. The bottom line of this operator of membership warehouse clubs is expected to have increased year over year. The Zacks Consensus Estimate for second-quarter earnings per share has been stable at 99 c ...

Wall Street expects a year-over-year increase in earnings on higher revenues when BJ's Wholesale Club (BJ) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has BJ's Wholesale Club (BJ) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. BJ's Wholesale Club is a member of the Consumer Discretionary sector. This group includes 280 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. ...

StevenStarr73 Business Overview BJ's Wholesale Club Holdings (NYSE:BJ) runs membership warehouse clubs located in largely the Eastern US. Its value proposition is low prices, consistently offering 25% savings on any given basket of goods as compared to as offered by a traditional supermarket. BJ's curates its assortment of groceries, general merchandise, and also sells gasoline. It offers coupon books and promotions to further the shopping experience. The goal is to offer customers value on their membership ...