BJ'S WHOLESALE C.H.DL-,01

BJ’s Wholesale reported significant earnings growth and higher revenues, driven by strong fuel revenues. Record memberships, booming digital sales and a new AI assistant support the expansion strategy. The company raised its guidance, prompting investors to expect positive price targets due to the valuation discount. » Altro su finanzen.net

BJ’s Wholesale Club beat expectations in Q2 with adjusted EPS of $1.36 and revenue of $6.09 billion. Management raised its full-year adjusted EPS guidance to $4.60–$4.80, citing growth in membership revenue, strong fuel sales at gas stations and solid profitability as drivers. Memberships reached a record 8.5 million, the company repurchased shares and opened three new stores, sending the stock significantly higher. » Altro su de.investing.com

BJ’s Wholesale Club is expanding its presence in Texas and plans to open a new location in Tyler as part of its growth strategy to open 25–30 new clubs every two years. The opening follows other announced sites in several U.S. states and is expected to create 100–150 jobs. The company offers services such as curbside pickup, same-day delivery, ExpressPay and operates its own gas stations; to date BJ’s operates 267 clubs and 206 gas stations in 22 states. » Altro su de.investing.com