B

BJs Wholesale Club Holdings
D

BJ

96.750
USD
4.01
(4.32%)
Market Closed
Volume
147,665
EPS
4
Div Yield
-
P/E
24
Market Cap
12,827,652,737
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News

Title: BJs Wholesale Club Holdings

Sector: Consumer Defensive
Industry: Discount Stores
BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its more than 240 warehouses are primarily located along the East Coast, most prominently in the New England area. Similar to its warehouse club peers, BJ's charges annual membership fees and keeps costs down by operating a no-frills store environment. The company limits the use of distribution centers where possible and stores inventory on pallets directly on the sales floor, often in bulk quantities. The company also offers a limited assortment of stock-keeping units at its warehouses (around 7,000) to achieve greater procurement scale on select items. About 80% of BJ's net sales come from grocery items and general merchandise, with the remaining 20% coming from gasoline and other ancillary services.