News Releases

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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…

BJ’s Wholesale Club Holdings, Inc. Launches Follow-On Offering by Selling Stockholder

June 26, 2019
Financial News
BJ’s Wholesale Club Holdings, Inc. (“BJ’s” or the “Company”) (NYSE: BJ) announced today the commencement of an underwritten public offering of 9,977,024 shares of its common stock by CVC Beacon LP, pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on Form S-1. BJ’s will not receive any of the proceeds from the sale of the shares…

BJ’s Wholesale Club Holdings, Inc. Launches Follow-On Offering by Selling Stockholders

June 5, 2019
Financial News
BJ’s Wholesale Club Holdings, Inc. (“BJ’s” or the “Company”) (NYSE: BJ) announced today the commencement of an underwritten public offering of 17,500,000 shares of its common stock by certain selling stockholders, pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”) on Form S-1. BJ’s will not…
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Save up to 25% Off Grocery Store Prices with BJ’s Wholesale Club’s Limited-Time Founding Member Offer

June 5, 2019
Corporate Communications

Founding Members get a $110 value for only $55

BJ’s Wholesale Club (NYSE: BJ), a leading warehouse club operator on the East Coast, has announced an exclusive Founding Member offer for the company’s two new club openings in Madison Heights and Taylor. “BJ’s is excited to bring unbeatable value on everything from diapers to household essentials to TVs and more to the hard-working families of…