Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. BJ's Wholesale Club (BJ) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. The Zacks Consensus Estimate for BJ's full-year earnings has moved 0% higher within the past quarter. This means that analyst sentiment is s ...

Core Insights - BJ's Wholesale Club has outperformed the industry with a 31.4% increase in shares over the past six months, compared to the industry's 10.2% rise, supported by strong membership trends and digital capabilities [1][9] Membership Model - The membership model is crucial for BJ's success, with consistent growth in renewals and new sign-ups leading to increased membership fee income [2] - Membership fee income rose by 8.6% year-over-year in the first quarter of fiscal 2024, driven by strong renewal rates and successful acquisitions [11] Digital Engagement - Digitally engaged members contribute to higher average baskets and more frequent visits, with digitally enabled comparable sales increasing by 21% in Q1 of fiscal 2024 [3] - BJ's offers various digital shopping options, including same-day delivery and curbside pick-up, enhancing the customer experience [12] Growth Strategies - BJ's aims for mid-single-digit revenue growth and high-single to low-double-digit earnings per share increases, with a long-term target of low-to-mid single-digit comparable sales growth, excluding gasoline sales [4] - The company plans to open 11 new clubs in high-growth regions during the latter half of fiscal 2024 [10] Market Position - BJ's Wholesale Club is setting new benchmarks in the retail sector, leveraging effective price management and digitization efforts to support comparable sales trends [9]

BJ's Wholesale Club Holdings Inc (NYSE:BJ) stock broke out above $80 after the retailer's earnings report, a level that is also the site of 2022 highs. Follow-through buying then pushed the shares above $85, or five times their initial public offering (IPO) price of $17 back in 2017. Now looks like an excellent time to bet on a move higher, given its mild pullback and relative strength amid this week's broad-market selloff. Subscribers to Schaeffer's Weekend Trader options recommendation service received th ...

The company showed retail investors and analysts what they wanted to see. Shares of membership-based warehouse chain BJ's Wholesale Club (BJ -0.25%) were up 17.9% in May, according to data provided by S&P Global Market Intelligence. The stock was pretty cheap already going into the month -- and then the company reported strong financial results on May 23 that rallied investors. The numbers for BJ's Wholesale's fiscal first quarter of 2024 weren't necessarily head-turning. Total Q1 revenue for the company wa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________ FORM 10-Q _______________________________ OR For the transition period from to _______________________________ (Exact name of registrant as specified in its charter) BJ'S WHOLESALE CLUB HOLDINGS, INC. _______________________________ 350 Campus Drive Marlborough, Massachusetts 01752 (Address of principal executive offices) (Zip Code) N/A (Former name, former address and former fiscal year, if changed since ...

Core Insights - The grocery sector is highlighted as a defensive investment, providing stability during market volatility, with consistent sales growth even amid economic uncertainty [1] Industry Overview - The food and grocery retail market experienced a 5.3% compound annual growth rate (CAGR) from 2019 to 2023, driven by changing consumer preferences, population growth, and new shopping habits [2] - U.S. online grocery sales reached $8.5 billion in April, marking a 4% increase from the previous year [2] - The global grocery market is projected to grow from $12.4 trillion in 2024 to over $17 trillion by 2034 [2] Company Analysis: BJ's Wholesale Club (BJ) - BJ's Wholesale Club reported a 4.1% year-over-year revenue increase to $4.9 billion, with comparable club sales up 1.6% and e-commerce sales surging 21% [4] - The company plans to open 12 new clubs in 2024, primarily on the East Coast, and has expanded into gas stations to enhance revenue [5] - BJ's focus on e-commerce and digital platform investment positions it well for future growth in the online grocery market [6] - BJ's stock has increased 32% year-to-date, trading at 22.5 times forward earnings and 0.6 times sales [7] Company Analysis: Walmart (WMT) - Walmart reported total revenues of $161.51 billion in the first quarter of fiscal 2025, with significant contributions from Walmart U.S. ($108.67 billion) and Walmart International ($29.83 billion) [9] - The company's gross profit margin was 24.5%, and net profit margin stood at 2.88%, with adjusted EPS reflecting a 22.4% year-over-year growth [9] - Walmart launched Walmart Luminate, a data analytics platform aimed at enhancing supply chain efficiency and driving sales growth [10] - Walmart's stock has advanced 24% year-to-date, trading at 27.8 times forward earnings and 0.8 times sales, with a 12-month median price forecast suggesting a 7% upside potential [11] Company Analysis: iShares U.S. Consumer Goods ETF (IYK) - IYK provides broad exposure to the U.S. consumer staples sector, including food and household items, with net assets of $1.3 billion [12][13] - The ETF is diversified, with 57% of its investments in Food, Beverage, and Tobacco, and top holdings include Procter & Gamble, PepsiCo, and Coca-Cola [13][14] - IYK has gained over 4% since January, trading at 21 times trailing earnings and four times book value, with a dividend yield of 2.6% [15]

Photo by Bill Foley/Getty Images The strong seasonal period is beginning. Cycles Research Investments LLC HP was formerly known as Hewlett Packard and provides personal computing, digital access devices, imaging and printing products, in addition to related technologies, solutions and services. The company reports earnings this week, and the cycles suggest that the earnings report will be met with buying. This is one of the few technology stocks that is not overbought. In fact there are higher lows in month ...

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Q1 2024 Earnings Conference Call May 23, 2024 8:00 AM ET Company Participants Cathy Park - IR Bob Eddy - Chairman & CEO Laura Felice - CFO Bill Werner - EVP, Strategy & Development Conference Call Participants Peter Benedict - Baird Kate McShane - Goldman Sachs Simeon Gutman - Morgan Stanley Robby Ohmes - Bank of America Chuck Grom - Gordon Haskett Greg Melich - Evercore ISI Michael Baker - D.A. Davidson Edward Kelly - Wells Fargo Chuck Cerankosky - Northcoast Re ...

BJ's Wholesale Club Holdings, Inc. (BJ) came up with its first-quarter fiscal 2024 results, wherein both the top and bottom lines beat the Zacks Consensus Estimate. While total revenues improved from the year-ago period, earnings remained flat year over year. Additionally, BJ's Wholesale Club's comparable club sales showcased decent growth. The company experienced stellar growth in membership, traffic and unit volumes during the quarter. BJ's Wholesale Club's enhancements in merchandising and digital conven ...

BJ's Wholesale Club (BJ) reported $4.92 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 4.1%. EPS of $0.85 for the same period compares to $0.85 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $4.88 billion, representing a surprise of +0.76%. The company delivered an EPS surprise of +2.41%, with the consensus EPS estimate being $0.83. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...