BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Q3 2024 Earnings Conference Call November 21, 2024 8:30 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 Robby Ohmes - Bank of America Edward Kelly - Wells Fargo Kate McShane - Goldman Sachs Simeon Gutman - Morgan Stanley Chuck Grom - Gordon Haskett Operator Welcome all and thank you for joining us for the BJ's Wholesale Club Q3 202 ...

Back in August, we told you to let BJ's Wholesale Club Holdings, Inc. (NYSE: BJ ) take a breather. We called it “healthy consolidation,” with a “long-term story [that] remains intact.” In addition, we said that “if the price dips into the $70s, it isMissed those gains? Come get moreWin with our playbook to advance your savings and retirement timeline by embracing a blended trading and investing approach at our one-stop shop.We activated our BLACK FRIDAY deal ahead of other services, so you can lock in our b ...

The cost of a BJ’s Wholesale Club membership will get pricier in January. The company plans to raise its standard membership for its warehouse stores to $60 per year and its premium Club+ membership to $120 beginning Jan. 1, BJ’s Wholesale said Thursday.Those hikes – the first in seven years – represent increases of $5 and $10, respectively, from the memberships’ current prices.  BJ'S WHOLESALE TO OPEN MORE LOCATIONS "Since the last membership fee increase, the Company has transformed its business with a re ...

In the wake of another extraordinary earnings report by semiconductor innovator NVIDIA (NVDA) , pre-market futures are positive. In actuality, NVDA shares had faded on the print yesterday, even with incredible stats such as surpassing October ’23 quarter revenues with October ’24 quarter EARNINGS.This is also the biggest day of the trading week for economic data, with Weekly Jobless Claims and manufacturing numbers from the Philly Fed index. But this has been a rather dormant week for economic reports overa ...

Key TakeawaysBJ's Wholesale Club shares rose Thursday after its third-quarter earnings beat estimates.The warehouse retailer also announced its first membership fee increase in seven years, and a new stock buyback plan.The fee increase follows a similar move from warehouse retail rival Costco that took effect in September, also the first in seven years. BJ's Wholesale Club (BJ) shares rose Thursday morning after the warehouse retailer reported better third-quarter earnings than expected despite sales fallin ...

BJ's Wholesale Club (BJ) reported $5.1 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 5.8%. EPS of $1.18 for the same period compares to $0.98 a year ago.The reported revenue represents a surprise of -0.52% over the Zacks Consensus Estimate of $5.13 billion. With the consensus EPS estimate being $0.91, the EPS surprise was +29.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

BJ's Wholesale Club Holdings Inc (NYSE:BJ) reported a profit beat for the third quarter, and raised its annual profit forecast. The warehouse retailer also revealed a $1 billion share buyback plan.Shares are 4.1% higher to trade at $89.24 at last check, on track to snap a three-day losing streak. Shares had been pulling back from their rally to their highest level since July, but the 50-day moving average kept those losses in check. In the last 12 months, BJ added 84.4%.Though short sellers are already hit ...

BJ's Wholesale Club (BJ) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.67%. A quarter ago, it was expected that this wholesale membership warehouse operator would post earnings of $1 per share when it actually produced earnings of $1.09, delivering a surprise of 9%.Over the last ...

Exhibit 99.1 BJ's Wholesale Club Holdings, Inc. Announces Third Quarter Fiscal 2024 Results Company raises fiscal 2024 guidance Company reaches milestone of 7.5 million members; Announces plans for membership fee increase Board approves new $1 billion share repurchase program Third Quarter Fiscal 2024 Highlights • Comparable club sales increased by 1.5% year-over-year • Comparable club sales, excluding gasoline sales, increased by 3.8% year-over-year, led by strong traffic • Digitally enabled comparable sal ...

BJ's Wholesale Club Holdings, Inc. (BJ) is likely to register an increase in the top line when it reports third-quarter fiscal 2024 results on Nov. 21 before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $5.13 billion, which indicates growth of 6.4% from the prior-year reported figure.The bottom line of this operator of membership warehouse clubs is expected to decrease year over year. Although the Zacks Consensus Estimate for third-quarter earnings per share has risen by a couple ...