BJ’s Stock Hits All-Time High as Wholesale Club Tops Estimates, Plans Expansion
Key Points
- BJ’s Wholesale Club Holdings made more than expected in the results and expansion plans on Thursday.
- Warehouse retailers have released more than forecast profits, sales and comparable club sales.
- BJ plans to add 25 to 30 new locations over the next two years, including in the Dallas-Fort Worth area.
Shares of BJ Wholesale Club Holding Company (BJ) traded at its all-time high on Thursday as warehouse retailers reported higher membership fees results better than previous results and announced an expansion of their location.
BJ releases adjustments for the fourth quarter Earnings per share (EPS) $0.93, revenue fell 1.5% year-on-year to $5.28 billion. Membership fee revenue rose 8% to $117 million. Comparable club sales Up 4.0%. All four are higher than the visible alpha prediction.
CEO Bob Eddy called the strong performance “the highest membership score in history.”
Eddy added that BJ’s “also grew our footprint at Pace to serve more members.” To that end, the company said it will add 25 to 30 new clubs in the next two fiscal years, including “a few settings for the Dallas-Fort Worth area starting in early 2026.” Eddy explained, “Economic expansion and growing population make Xusas perfect for us.”
In 2025, BJ plans to have new stores in Delray Beach, Florida and Casselberry, Warner Robins, Georgia, and Sevierville, Tennessee.
Shares of BJ’s Wholesale Club Holdings surged nearly 13% on Thursday morning to a record $112.76. Last year, they rose by more than 55%.
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