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 ...

分组1 - BJ's Wholesale Club reported quarterly earnings of $1.18 per share, exceeding the Zacks Consensus Estimate of $0.91 per share, and up from $0.98 per share a year ago, representing an earnings surprise of 29.67% [1] - The company posted revenues of $5.1 billion for the quarter ended October 2024, which was a 0.52% miss against the Zacks Consensus Estimate, but an increase from $4.82 billion year-over-year [2] - BJ's shares have increased approximately 28.6% year-to-date, outperforming the S&P 500's gain of 24.1% [4] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.99 on revenues of $5.4 billion, and for the current fiscal year, it is $3.84 on revenues of $20.64 billion [8] - The Zacks Industry Rank for Consumer Services - Miscellaneous is in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [9] - The estimate revisions trend for BJ's is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [7]

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 ...

The market expects BJ's Wholesale Club (BJ) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 21, 2024, might help the stock move higher if these key num ...

BJ's Wholesale Club Holdings, Inc. (BJ) , one of the leading operators of membership warehouse clubs, has been reinforcing its position in the industry with its strong customer value proposition and business model. Its relentless efforts to boost the membership base, simplify assortments, enhance digital capabilities and accelerate club openings have been contributing to sales. The company has been sparing no effort to bolster omnichannel operations and ramp up delivery services. Membership Growth Aids BJ B ...

Core Insights - Two stocks in the consumer staples sector are signaling potential warnings for momentum-focused investors as of October 7, 2024 [1] Company Summaries Cal-Maine Foods Inc (CALM) - Cal-Maine Foods reported better-than-expected quarterly earnings on October 1, 2024, indicating a strong start to fiscal 2025 [3] - The company experienced favorable demand for shell eggs and significantly higher market prices compared to the same quarter last year, attributed to a decline in national egg supply due to avian influenza outbreaks [3] - The stock gained approximately 24% over the past month, reaching a weekly high of $84.67, with an RSI value of 85.31 [3] - On the last trading day, shares closed at $84.57 after a 6.2% increase [3] BJ's Wholesale Club Holdings Inc (BJ) - Melius Research initiated coverage on BJ's Wholesale Club on September 23, 2024, with a Buy rating and a price target of $90 [4] - The stock increased around 11% over the past month, achieving a 52-week high of $92.37, with an RSI value of 70.08 [4] - Shares closed at $86.50 after a 1% rise on the last trading day [4]

I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their d ...

Core Viewpoint - BJ's Wholesale has significantly outperformed the S&P 500 over the last five years, with a stock price increase of 223% compared to the S&P 500's 95% gain, suggesting potential investment interest despite its smaller market presence [2]. Company Overview - BJ's Wholesale operates 244 warehouse clubs, having added only six locations in the past year, indicating a slow expansion compared to competitors [3]. - The company's total revenue for the first half of fiscal 2024 was over $10.1 billion, reflecting a 4.5% increase year-over-year [3]. - Net income for the first two quarters of fiscal 2024 was $256 million, a modest 3% growth from the previous year, which may deter growth investors [4]. Financial Improvements - The COVID-19 pandemic positively impacted BJ's financials, with revenue growth rising from less than 1% in fiscal 2019 to 17% in the following year, aided by a strategy of smaller product sizes and acceptance of manufacturer's coupons [6]. - Total debt has decreased by 34% to $616 million, while stockholders' equity has risen to nearly $1.7 billion, improving the company's financial stability [7]. - Membership revenue grew by 9% in the first half of fiscal 2024, with analysts forecasting a revenue growth acceleration from 3% this fiscal year to 7% by fiscal 2025 [7]. Valuation and Market Position - BJ's current price-to-earnings (P/E) ratio is 21, significantly lower than Walmart's 40 and Costco's 55, indicating a potential for valuation expansion [8]. - The stock's performance over the past five years and its lower valuation compared to competitors may attract investors who missed earlier opportunities with Costco [8]. Future Outlook - Despite past performance, the likelihood of returning to double-digit revenue growth appears low without another significant catalyst [9]. - The slow pace of expansion and single-digit revenue growth may limit interest from growth investors [9]. - The low valuation and potential for faster revenue growth could enhance BJ's stock appeal if its P/E ratio aligns more closely with those of Walmart or Costco [9].

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 August 3, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...