Welcome to our dedicated page for BJs Wholesale Club Holdings news (Ticker: BJ), a resource for investors and traders seeking the latest updates and insights on BJs Wholesale Club Holdings stock.
BJ's Wholesale Club Holdings (BJ) operates a membership-based warehouse retail model, offering bulk groceries, general merchandise, and gas services across the Eastern U.S. This page provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
Access comprehensive coverage of BJ's official announcements including quarterly earnings, operational expansions, and partnership agreements. Our curated news collection ensures transparent access to material events impacting the company's market position and shareholder value.
Key focus areas include membership program enhancements, supply chain innovations, and competitive positioning within the warehouse club sector. All content is sourced from verified corporate communications and analyzed for relevance to investor decision-making.
Bookmark this page for direct access to BJ's Wholesale Club news updates, or check back regularly for the latest developments affecting one of the Northeast's leading value retailers.
BJ's Wholesale Club (NYSE: BJ) has launched a holiday giving campaign through its Charitable Foundation, partnering with children's hospitals across the East Coast, Midwest, and South. The initiative includes toy donations, gift cards, and funds to support various holiday programs at multiple hospitals including Nemours Children's Health, Children's Hospital of Michigan, Monroe Carell Jr. Children's Hospital, and several others.
Key activities include supporting the Elf Workshop event at Nemours, donating over 1,000 Squishmallows to Detroit's Snowpile program, and contributing to various toy drives and holiday events. This campaign is part of BJ's broader charitable efforts, which have awarded over $37 million to non-profit organizations focusing on hunger relief, education, and health and wellness.
BJ's Wholesale Club (NYSE: BJ) has announced its December Gifting Event running from December 6-24, 2024, offering significant savings on various products. Members can enjoy up to 30% off on popular toy brands including Bluey, Hot Wheels, and Barbie. BJ's One® Mastercard® cardholders can earn Double Rewards up to 10% back on eligible items.
Notable deals include savings on electronics such as the PlayStation 5 Fortnite bundle at $419.99, Samsung 65" QLED TV at $897.99 after $702 savings, and HP laptop at $579.99 after $220 savings. The company is offering multiple shopping options including curbside pickup, in-club pickup, and same-day delivery through BJs.com.
BJ's Wholesale Club reported strong Q3 fiscal 2024 results with comparable club sales increasing 1.5% year-over-year and 3.8% excluding gasoline. The company reached 7.5 million members with membership fee income rising 8.4% to $115.0 million. Net income grew 19.4% to $155.7 million, with earnings per diluted share of $1.17. The company announced plans to increase membership fees effective January 2025, with Club membership rising by $5 to $60 and Club+ by $10 to $120. The Board approved a new $1 billion share repurchase program. BJ's raised its fiscal 2024 guidance, expecting Q4 comparable club sales growth of 2.5-3.0% and full-year adjusted EPS of $3.90-$4.00.
BJ's Wholesale Club announces its Black Friday savings event running from November 18 to December 2, 2024, with additional Doorbusters from November 28 to December 2. The event features significant discounts across multiple categories, including a Buy One, Get One 50% off on toys. Notable deals include savings up to $1,100 on TVs, up to $750 off massage chairs, and substantial discounts on home goods, fitness equipment, and tech products. Members can shop both in-club and online at BJs.com, with various shopping options including curbside pickup, in-club pickup, and same-day delivery.
BJ’s Wholesale Club (NYSE: BJ) announced Scott Schmadeke as the new Executive Vice President, Chief Operations Officer, effective immediately. Schmadeke will oversee all BJ’s clubs, distribution centers, logistics, and asset protection and safety. He will report to CEO Bob Eddy and join the executive leadership team. Krystyna Kostka has been named Chief Supply Chain Officer, responsible for distribution and logistics networks, planning, allocation, and robotics and automation. Kostka will report to Schmadeke. Schmadeke and Kostka replace Jeff Desroches, who resigned. Schmadeke joined BJ’s in 2018, significantly improving club performance and driving profitable growth. Kostka, with BJ’s since 2014, has led fuel operations and the deployment of robotics and automation. CEO Bob Eddy praised their leadership and contributions to BJ’s growth and efficiency.
BJ's Wholesale Club (NYSE: BJ) announces its annual free Butterball turkey promotion for members who spend $150 or more in a single transaction between November 1-14, 2024. Members can claim their turkey coupon through the BJ's mobile app or website starting November 16, with redemption available until November 27, 2024 (maximum value $25). The extended promotion period allows members to benefit from BJ's everyday savings of up to 25% off grocery store prices.
The retailer offers multiple shopping options including in-club, curbside pickup, same-day delivery, and ExpressPay scanning service. BJ's will be closed on Thanksgiving Day but will reopen on Black Friday with holiday Doorbusters running through December 2, 2024.
BJ's Wholesale Club (NYSE: BJ) announces the opening of its second Indiana location in Carmel on November 1, 2024. Located at 14400 Lowes Way in Greyhound Commons, the new club will offer members savings up to 25% off grocery store prices, along with BJ's Gas station services. The location will provide various shopping options including in-club shopping, curbside pickup, and same-day delivery. New member promotions include The Club Card Membership at $25 and The Club+ Card Membership at $70 for one year. BJ's is also partnering with Gleaners Food Bank of Indiana to donate unsold food items weekly.
BJ's Wholesale Club (NYSE: BJ) announced the opening of its newest club in West Palm Beach, Florida on October 25, 2024. Located at 777 Executive Center Drive, this marks BJ's 39th club in Florida. The location will feature BJ's Gas, offering everyday low fuel prices and additional savings through their Fuel Saver Program. Members can save up to 25% off grocery store prices on various items including fresh foods, produce, deli items, and household essentials. The club is partnering with Feeding South Florida to donate unsold perishables weekly. New members can join with a -time founding member offer until January 23, 2025, with options for The Club Card Membership at $25 or The Club+ Card Membership at $70 for one year.
BJ's Wholesale Club announces its Early Black Friday event running from November 1-17, 2024, offering significant discounts across multiple categories. Members can save up to 20% off select toys from brands like Barbie and Hot Wheels, 40% off TVs and electronics, 40% off home and kitchenware, 30% off appliances, and 25% off both holiday décor and furniture. Notable deals include an LG 77" OLED TV with $1,500 off, Acer Aspire 5 Laptop with $300 off, and various toy discounts. Members can shop in-club, online, or via the BJ's app with multiple delivery and pickup options available.
BJ's Wholesale Club has announced over $1 million in grants to 70 community organizations nominated by team members. The grants, awarded through BJ's Charitable Foundation, support the company's purpose of taking care of families and focus on hunger relief, education, and health and wellness.
Notable recipients include Burlington Township Food Pantry (NJ), Stewart's Caring Place (OH), and Special Olympics Florida (Tampa). Grants of up to $50,000 will help these organizations expand food distribution, support cancer patients, and provide sports equipment for athletes with disabilities.
BJ's team members are actively involved in these charities through volunteering and fundraising. The company's giving program reflects its commitment to community support, with the BJ's Charitable Foundation having awarded over $37 million to non-profit organizations and schools since its inception.
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