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BJ's Wholesale to book $240M legal settlement

BJ's Wholesale Club Holdings, Inc. (BJ) reported that on September 4, 2026 it reached a settlement agreement to resolve litigation related to credit card interchange fees in which it was a plaintiff.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

BJ's Wholesale Club Holdings, Inc. (BJ) reported that on September 4, 2026 it reached a settlement agreement to resolve litigation related to credit card interchange fees in which it was a plaintiff. The company expects a one-time pre-tax benefit of approximately $240 million, net of associated legal fees.

BJ's Wholesale Club Holdings, Inc. states that this benefit is expected to be reflected in its third quarter fiscal 2026 results.

Positive

  • Company expects a one-time pre-tax benefit of approximately $240 million, net of legal fees, from a credit card interchange fee litigation settlement, to be reflected in third quarter fiscal 2026 results.

Negative

  • None.

Insights

Analyzing...

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
One-time pre-tax benefit $240 million Approximate benefit from credit card interchange fee litigation settlement, net of associated legal fees, expected in third quarter fiscal 2026
Settlement date September 4, 2026 Date BJ's Wholesale Club Holdings, Inc. reached the settlement agreement
Trading symbol BJ Common Stock, par value $0.01, listed on the New York Stock Exchange
pre-tax benefit financial
"resulting in a one-time pre-tax benefit of approximately $240 million"
credit card interchange fees financial
"litigation related to credit card interchange fees in which the Company was a plaintiff"
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What litigation settlement did BJ (BJ's Wholesale Club Holdings, Inc.) announce?

BJ's Wholesale Club Holdings, Inc. announced it reached a settlement agreement on September 4, 2026 to resolve litigation related to credit card interchange fees, in which the company was a plaintiff.

How much will BJ (BJ's Wholesale Club Holdings, Inc.) gain from the settlement?

BJ's Wholesale Club Holdings, Inc. expects a one-time pre-tax benefit of approximately $240 million, net of associated legal fees, from the credit card interchange fee litigation settlement.

When will BJ (BJ's Wholesale Club Holdings, Inc.) recognize the $240 million settlement benefit?

BJ's Wholesale Club Holdings, Inc. expects the approximately $240 million pre-tax benefit from the settlement to be reflected in its third quarter fiscal 2026 results.

Is the $240 million benefit to BJ recurring or one-time?

The company characterizes the settlement impact as a one-time pre-tax benefit of approximately $240 million, net of associated legal fees, related to the credit card interchange fee litigation.

What type of litigation was BJ (BJ's Wholesale Club Holdings, Inc.) involved in for this settlement?

BJ's Wholesale Club Holdings, Inc. was a plaintiff in litigation related to credit card interchange fees, which it reports has now been resolved through a settlement agreement providing a one-time pre-tax benefit.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001531152 0001531152 2026-09-04 2026-09-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported) September 4, 2026

 

BJ’S WHOLESALE CLUB HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-38559   45-2936287

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.) 

 

350 Campus Drive,   
Marlborough, Massachusetts  01752
(Address of principal executive offices) (Zip Code)

 

    (774) 512-7400    
    (Registrant’s telephone number, including area code)    

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

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

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

Item 8.01Other Events.

 

On September 4, 2026, BJ’s Wholesale Club Holdings, Inc. (the “Company”) reached a settlement agreement to resolve litigation related to credit card interchange fees in which the Company was a plaintiff, resulting in a one-time pre-tax benefit of approximately $240 million, net of associated legal fees, which the Company expects will be reflected in its third quarter fiscal 2026 results.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: September 8, 2026

 

  BJ’S WHOLESALE CLUB HOLDINGS, INC.
     
  By: /s/ Graham N. Luce
  Name: Graham N. Luce
  Title: Executive Vice President, Secretary

 

 

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