BJs Wholesale Club Holdings Stock Price, News & Analysis

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) will release its second quarter fiscal 2021 financial results prior to market open on August 19, 2021. A conference call will follow at 8:30 a.m. ET to discuss the results. To participate, dial (877) 274-0290 within the U.S. or (647) 689-5405 internationally, referencing conference ID 8492204. A telephonic replay will be available shortly after the call for one week. BJ's operates 222 clubs and 151 BJ's Gas locations across 17 states, serving as a prominent membership warehouse club operator in the Eastern U.S.

SIRVA Inc. has launched a new homebuying program aimed at BJ's Wholesale Club members. This program, known as SIRVA Home Benefits, offers a comprehensive mortgage and home services experience designed to simplify buying and selling homes. Key features include access to over 200 mortgage lending products through SIRVA Mortgage, connections to real estate agents via the Preferred Broker Network, and various moving services. Members can earn cash back rewards and benefit from a streamlined process, enhancing convenience and potential savings in the homebuying journey.

BJ’s Wholesale Club (NYSE: BJ) announced the opening of its 222nd location in Seabrook, NH, on July 2, 2021. The new club will provide members with a wide range of products, including fresh foods, household essentials, and seasonal items. To attract local shoppers, BJ's offers a Founding Member promotion allowing new members to join for $25 and receive $75 in coupons. The club will also feature various shopping options, including curbside pickup and same-day delivery.

BJ’s Wholesale Club (NYSE: BJ) has introduced Citizens Pay, a buy-now-pay-later option allowing members to finance purchases over $99. This service is available online for delivery as well as for in-club pickup. BJ’s aims to enhance member convenience by offering flexible payment plans ranging from 3 to 24 months.

Chris DeSantis, BJ’s SVP, emphasized the company’s commitment to value and service. Citizens Pay supports various purchases including appliances and furniture, fostering responsible spending. The initiative aligns with BJ’s recent enhancements, including a new mobile app and improved pickup services.

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has appointed Darryl Brown to its Board of Directors, effective immediately. Brown brings over 30 years of experience in consumer-packaged goods and financial services, previously serving as President of Global Corporate Payments, Americas at American Express and holding key roles at Kraft Foods. His expertise is anticipated to support BJ’s ongoing transformation. The company operates 221 membership warehouse clubs and 151 BJ's Gas locations across 17 states.

BJ’s Wholesale Club (NYSE: BJ) has announced plans to open six new clubs in fiscal 2021, enhancing its presence in the Eastern United States. New locations will be established in Seabrook, N.H.; Port Charlotte, Fla.; Commack, N.Y.; South Fayette, Pa.; Ross Township, Pa.; and Lansing, Mich., with the latter two being new markets for the retailer. Each club aims to provide unbeatable savings and convenience, including fresh food selections and BJ's Gas stations. These expansions will create approximately 150 jobs in each community.

BJ’s Wholesale Club reported its financial results for the first quarter of fiscal 2021, ending May 1, 2021. Net sales reached $3.78 billion, marking a 1.7% increase year-over-year. Membership fee income rose 8.6% to $86.39 million, while total revenues grew 1.9% to $3.87 billion. However, operating income fell 12.2% to $126.25 million, and net income decreased 14.8% to $81.58 million, resulting in an EPS of $0.59. The company refrained from offering detailed guidance for fiscal 2021 due to uncertainty in the market.

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) will announce its first quarter fiscal 2021 financial results on May 20, 2021, before the market opens. A conference call will follow at 8:30 a.m. ET to discuss performance.

To participate, call (877) 274-0290 in the U.S. or (647) 689-5405 outside the U.S., using conference ID 7581445. A telephonic replay will be available for a week post-call. The call will also be streamed live at investors.bjs.com, accessible for one year.