BJ's Wholesale Club Holdings, Inc.

BJ · NYSE

Company research

BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) is a leading American membership-only warehouse club operator founded in 1984 and headquartered in Marlborough, Massachusetts, pioneering the warehouse club model in New England and now operating approximately 250 clubs and 186 gas stations across 21 states, primarily in the eastern United States with ongoing expansion into the South and Midwest. Under the leadership of CEO Robert W. Eddy, the company serves suburban families and small businesses by offering up to 25% savings on manufacturer-branded groceries compared to traditional supermarkets, with a broad assortment spanning fresh foods, perishables, general merchandise, gasoline, and ancillary services. BJ's generates revenue through a dual-engine model combining net merchandise sales — heavily weighted toward grocery and fresh foods, which represent roughly 80% of total sales — with high-margin recurring membership fee income, accessible through its clubs, websites (BJs.com, BerkleyJensen.com, Wellsleyfarms.com), and mobile app. With approximately 33,000 full-time employees, revenue of approximately $20.5 billion, and a market capitalization of roughly $11.5 billion, BJ's competes primarily against Costco Wholesale and Sam's Club while differentiating itself through smaller club-pack sizing, broader SKU variety, coupon flexibility, and digital convenience.

Research reports

Documents

MorningstarBJ's Wholesale Earnings: Value Investments Pressure Margins Amid Geographic Expansion; Shares Pricey
MorningstarBJ's Wholesale Earnings: Margin Pressures Emerge as General Merchandise Outperforms; Shares Pricey
MorningstarBJ’s Wholesale Club: Solid Execution Fails to Make Up for Scale Disadvantages; Shares Pricey
MorningstarCompetition Remains Fierce Across the Warehouse Landscape, Even for Regional Leader BJ's
MorningstarBJ's Wholesale Earnings: Softer Comparable Sales and Higher Costs Pressure Margin; Shares Still Rich
MorningstarBJ's Wholesale Earnings: Softening Top-Line Growth on Consumer Caution, but Shares Remain Expensive
MorningstarCompetition Remains Fierce Across the Warehouse Landscape, Even for Regional Leader BJ's