BJ's Wholesale Club Holding Inc. NYSE: BJ is a membership-only warehouse club operating on the East Coast of the United States. The company operates 244 clubs and 176 BJ's Gas locations in 20 states from Maine to Florida.
BJ's Wholesale Club's (BJ) growth strategies, better price management, decent membership trends and digitization are likely to keep supporting sales trends.
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BJ's Wholesale reported quarterly financial results in line with expectations and maintained guidance for the year. The company is small and could grow its membership base long term, which would be good for investors.
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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 Research Operator Hello, everyone, and welcome to the BJ's Wholesale Club Holdings, Inc., First Quarter Fiscal 2024 Earnings Conference Call.
BJ's Wholesale Club's (BJ) first-quarter results reflect growth in digitally enabled comparable sales. The metric surges 21% during the quarter.
While the top- and bottom-line numbers for BJ's (BJ) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
BJ's Wholesale Club (BJ) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.85 per share a year ago.
BJ's Wholesale Blub Holdings Inc.'s stock BJ dipped 0.8% early Thursday, even as the company's fiscal first-quarter earnings exceeded expectations and it backed its full-year guidance . Marlborough, Mass.
BJ's Wholesale Club's (BJ) solid fundamentals, including robust growth in membership, digital sales and private label brands, position it favorably for long-term success.