BJ's Wholesale Club Holdings, Inc. (BJ) is currently priced at $92.86, showing a slight decrease of 3 cents (-0.032%) from the previous close. The trading volume is $330,951, representing a 16.96% increase compared to the average volume.
The latest quarterly earnings report for BJ was released on Wednesday, March 4th. The earnings per share stood at $0.96, surpassing the consensus estimate of $0.934.
BJ reported a free cash flow of $192.85 million, with notable activities including debt repayment of $73.44 million and common stock repurchases of $116.58 million. The net change in cash was an increase of $1.13 million.
BJ generated revenue of $5.58 billion, resulting in a gross profit of $1 billion. Operating income stood at $191.42 million, with a net income of $125.85 million. The earnings per share (EPS) was reported at 97 cents.
Key ratios for BJ include a net profit margin of 2.26%, return on equity of 5.73%, and a price-to-earnings ratio of 23.91. The quick ratio is 0.16, indicating the company's liquidity position.
BJ's balance sheet reflects total assets of $7.51 billion, with total liabilities at $5.31 billion. Cash and cash equivalents amount to $46.24 million, while total debt stands at $2.61 billion.
This comprehensive update provides insights into BJ's financial performance and position in the market.
BJ's Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It provides perishable, general merchandise, gasoline, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, Wellsleyfarms.com, and Delivery.bjs.com as well as the mobile app. As of June 10, 2022, it operated 229 warehouse clubs and 160 gas locations in 17 states. The company was formerly known as Beacon Holding Inc. and changed its name to BJ's Wholesale Club Holdings, Inc. in February 2018. BJ's Wholesale Club Holdings, Inc. was founded in 1984 and is headquartered in Westborough, Massachusetts.