Core Insights - BJ's Wholesale Club is expanding its distribution capabilities with a new 500,000-square-foot distribution center in Commercial Point, OH, set to open in early 2027, which will enhance its supply chain and support its growing network of clubs [1][7][9] - The company has opened over 30 new clubs in the last five years, with the upcoming launch of its 250th club in Louisville, KY, marking a significant milestone in its expansion strategy [2][4] - BJ's has seen an 8.4% year-over-year increase in membership fee income in Q3 of fiscal 2024, with total membership growing by 35% over the past five years, reaching 7.5 million members [4] Distribution Center and Supply Chain - The new distribution center will utilize advanced automation solutions from Swisslog, including automated pallet storage and mixed-case pallet building, aimed at improving logistical efficiency and inventory management [3][7] - The facility is located on a 125-acre site, allowing for future expansion, which will further enhance BJ's logistical capabilities and support its expanding network [8] Growth Strategy - BJ's Wholesale Club is focused on simplifying product assortments, enhancing marketing and merchandising, and expanding into high-demand categories to drive growth [4][9] - The company is building a strong own-brand portfolio and investing in omnichannel capabilities, which has led to increased membership signups and renewals [4][9] Stock Performance - Over the past three months, BJ's stock has gained 16.1%, outperforming the industry and the S&P 500, which grew by 3.8% and 4%, respectively [10]

Core Insights - BJ's Wholesale Club Holdings, Inc. is set to open its 250th club in Louisville, KY, on January 31, 2025, marking its first location in Kentucky and expanding its presence to the 21st state [1] - The company offers significant savings to members, with discounts of up to 25% off regular grocery prices and a risk-free shopping experience backed by a 100% money-back membership guarantee [2] - BJ's continues to enhance its omnichannel capabilities, resulting in an 8.4% year-over-year increase in membership fee income for Q3 of fiscal 2024, with total membership reaching 7.5 million, a 40% increase since 2018 [5] Membership and Sales Performance - BJ's comparable club sales (excluding gas) increased by 3.8% in the fiscal third quarter, driven by strong traffic, which contributed over 4 percentage points to this growth [6] - The company's digital transformation efforts have led to a 30% growth in digitally enabled comparable sales in the fiscal third quarter, supported by services like buy-online-pickup-in-club and curbside pickup [7] Stock Performance and Valuation - BJ's shares have gained 14% over the past three months, outperforming the industry and the S&P 500, which grew by 1% and 4.4%, respectively [8] - The stock is currently trading at a forward 12-month price-to-earnings ratio of 23.31, significantly above the industry average of 7.47, indicating a premium valuation [11]

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]

Core Insights - BJ's Wholesale Club has opened its 40th club in Florida, featuring an on-site gas station and a Fuel Saver Program to provide low fuel prices [1] - The company is expanding its footprint, having opened three new clubs and four gas stations in Q3 of fiscal 2024, aiming to exceed its goal of 250 clubs by the fiscal year-end [2] Membership and Savings - BJ's members can maximize savings by combining BJ's coupons with manufacturers' coupons, and enjoy low fuel prices at its 182 gas locations through the Fuel Saver Program [3] - The company offers savings of up to 25% on grocery prices, with a 100% money-back membership guarantee [4] Growth Factors - BJ's growth is driven by simplifying product assortments, enhancing marketing, and expanding into high-demand categories, resulting in an 8.4% year-over-year increase in membership-fee income in Q3 of fiscal 2024 [5] - Membership reached 7.5 million, supported by strong renewal rates and effective member acquisition strategies [5] Operational Performance - The company reported a 3.8% growth in comparable club sales (excluding gas) in Q3, with traffic contributing over 4 percentage points to this increase [6] - Despite challenges like the East Coast port strike and hurricanes, BJ's exceeded expectations, demonstrating the resilience of its business model [6] Market Performance - BJ's shares have increased by 15.4% over the past three months, outperforming the industry's decline of 1.8% and the S&P 500's growth of 3.3% [14] - The stock is currently priced at a premium, with a forward price-to-earnings ratio of 22.59X compared to the industry's 7.33X, indicating that growth potential may already be reflected in the stock price [15]

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...