News Releases

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BJ’s Wholesale Club Partners with Humble Design to Support Families Transitioning from Homelessness

October 3, 2019
Community Affairs, Featured

BJ’s donation supports two families in Detroit

BJ’s Wholesale Club (NYSE: BJ) sponsored the furnishing of two homes in Detroit for families transitioning from homelessness through its partnership with Humble Design. BJ’s team members also volunteered for two days to get the houses ready for the families. BJ’s Wholesale Club stocked the pantries of both homes with household essentials from its exclusive collection of Berkley Jensen® products…
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BJ’s Wholesale Club Upgrades Mobile App Making it Even Easier to Shop – and Save

September 25, 2019
Corporate Communications, Featured

Redesigned app showcases value of membership and introduces gamification

BJ’s Wholesale Club (NYSE: BJ), a leading warehouse club operator on the East Coast, today announced a significant update to its mobile app including several new features, improved usability and an updated design. The new app brings the value of a BJ’s membership straight to its members hands. The BJ’s Wholesale Club app is coming up on its two-year anniversary and has more than two million…

BJ’s Wholesale Club Will Be Closed on Thanksgiving Day

September 24, 2019
Holiday

Members can Seize the Savings on BJs.com beginning at midnight on Thanksgiving

BJ’s Wholesale Club (NYSE: BJ) today announced that its clubs will be closed on Thanksgiving Day and will open at 7 a.m. on Black Friday. BJ’s members can Seize the Savings on BJs.com starting at midnight on Thanksgiving, when the company releases its Black Friday Doorbusters. This season, BJ’s members will be able to shop outstanding holiday deals on a huge range of items including TVs, small…

BJ’s Wholesale Club Names Maile Clark and Michelle Gloeckler to Board of Directors; Appoints Judy Werthauser as Chair of Compensation Committee

September 19, 2019
Corporate Communications

Company completes transition from private-equity ownership to fully independent public company

BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) today announced that Maile Clark and Michelle Gloeckler have been named to the company’s Board of Directors, effective immediately. The company also announced that Judy Werthauser, who joined BJ’s board late in 2018 as an independent director, has been appointed Chair of the Compensation Committee. “We’re pleased to add Maile and Michelle to our…
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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…