News Releases

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BJ’s Wholesale Club Names Lee Delaney President

September 16, 2019
Corporate Communications, Featured

Focused Commercial Organization to Drive Long-Term Growth

BJ’s Wholesale Club (NYSE: BJ), a leading warehouse club operator on the East Coast, announced that Lee Delaney has been named President, effective immediately. Delaney, currently Executive Vice President, Chief Commercial Officer, will lead BJ’s retail, e-commerce and membership operations in addition to his current responsibilities for merchandising, supply chain and marketing. He will…
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Gift-Givers Get Ready - BJ’s Wholesale Club Gives Members Unbeatable Value on Exclusive Top 10 Toys

September 5, 2019
Featured, Holiday

Retailer announces toy selection for the holiday season with exciting in-club finds with even more available on BJs.com

BJ’s Wholesale Club (NYSE: BJ), a leading warehouse club operator on the East Coast, today released a preview of its exclusive Top 10 Toys list and toy selection for the holiday season. The toy assortment gives BJ’s members unbeatable value on new brands, favorite characters and timeless classics. “Getting that perfect gift for everyone on your list is a thrill,” said Chris Desantis, senior vice…

BJ’s Wholesale Club to Participate in Goldman Sachs 26th Annual Global Retailing Conference

August 29, 2019
Financial News
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) today announced that Chris Baldwin, Chairman and Chief Executive Officer, and Robert W. Eddy, Chief Financial and Administrative Officer, will present at the Goldman Sachs 26th Annual Global Retailing Conference, on Wednesday September 4, 2019 at 1:40pm ET, at the Grand Hyatt New York. To access the live audio webcast, please visit the…
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BJ’s Wholesale Club Bringing a Fresh Approach to the Wholesale Club Experience in Pensacola, Florida and Chesterfield, Michigan

August 22, 2019
Corporate Communications, Featured

Company announces plans to open two new locations in early 2020

BJ’s Wholesale Club (NYSE: BJ), a leading warehouse club operator on the East Coast, today announced that the company is opening two new clubs and BJ’s Gas® locations in early 2020. The clubs represent continued expansion for the company and will open in Pensacola, Fla. and Chesterfield, Mich., bringing families 25% savings compared to grocery store prices*. “We see great potential in…

BJ’s Wholesale Club Holdings, Inc. Announces Second Quarter Fiscal 2019 Results

August 22, 2019
Financial News

Maintains Outlook for Fiscal 2019

  • Net sales for the second quarter of fiscal 2019 increased 1.1% to $3.3 billion, compared to the second quarter of fiscal 2018.
  • Comparable club sales excluding gasoline sales increased 1.6% for the second quarter of fiscal 2019, compared to the second quarter of fiscal 2018.
  • Income from continuing operations of $54.3 million for the second fiscal quarter of 2019, compared to a loss from continuing operations of $5.5 million in the second quarter of fiscal 2018.
  • Second quarter of fiscal 2019 adjusted EBITDA of $153.2 million reflecting a 7.1% increase over the second quarter of fiscal 2018.
  • Net income of $54.5 million, or $0.39 per diluted share, and adjusted net income of $55.1 million, or $0.39 per diluted share for the second quarter of fiscal 2019.
  • Net cash provided by operating activities was $215.1 million for the first half of fiscal 2019. Free cash flow was $126.8 million for the first half of fiscal 2019 and supported a return of capital to stockholders in the form of $63.5 million of share repurchases and $66.7 million in debt paydown.
  • Maintains outlook for fiscal 2019.

 

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) (the "Company") today announced its financial results for the thirteen and twenty-six weeks ended August 3, 2019. “Second quarter results for sales and earnings were in line with our expectations,” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We delivered improved margins and continued to grow earnings as…

BJ’s Charitable Foundation Surprises Madison Heights and Taylor, Mich. Classrooms with $50,000 Donation through DonorsChoose.org

August 12, 2019
BJ’s Charitable Foundation, Community Affairs, Featured

Wholesale club celebrates newest locations by providing supplies to area classrooms

BJ’s Charitable Foundation today announced that it has donated $50,000 to fund all classroom projects currently listed by teachers in Madison Heights and Taylor, Mich. through crowd-funding website DonorsChoose.org. The donation from the BJ’s Charitable Foundation provides classroom essentials to help Michigan students thrive and celebrates BJ’s Wholesale Club’s newest locations opening later…

BJ’s Wholesale Club to Hold Second Quarter Fiscal 2019 Earnings Conference Call

August 8, 2019
Financial News
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) today announced that it will release financial results for the second quarter fiscal 2019 prior to the market open on Thursday, August 22, 2019 and will hold a conference call on the same day at 8:30 a.m. ET to discuss its financial performance. To listen to the call, dial 877-274-0290 within the U.S. or (647)-689-5405 outside the U.S. and reference…

BJ’s Brings a Fresh Approach to the Wholesale Club Experience as It Enters the Detroit Market

July 15, 2019

Humorous awareness campaign focuses on character who doesn’t want all the benefits BJ’s has to offer

BJ’s Wholesale Club (NYSE: BJ), a leading warehouse club operator on the East Coast, today announced a new cross-channel campaign that highlights the company’s fresh take on the wholesale club experience as it enters Eastern Michigan. The humorous campaign is centered on Frank, an active member of the local community who doesn’t want what BJ’s Wholesale Club has to offer – even if that…

BJ’s Wholesale Club Donates $75,000 to Forgotten Harvest to Help Combat Food Insecurity in Metro Detroit this Summer

June 28, 2019
Community Affairs, Featured

BJ’s donation supports delivery of weekly meals to 3,500 children through Summer Lunch Program

BJ’s Wholesale Club (NYSE: BJ) announced today that it is donating $75,000 to Forgotten Harvest’s Summer Lunch Program to provide quality meals to at-risk children in metro Detroit. Since December 2018, BJ’s has donated $175,000 to Forgotten Harvest, a Feeding America® member food bank, to support families experiencing food insecurity. “BJ’s is dedicated to making a significant and…