The Latest Breaking News from BJ

The stock market seems set for a rough ride amid concerns about the Russia-Ukraine war, high inflation, and the Fed’s tightening monetary policy. Moreover, global growth is expected to slow due to the crisis in Europe and resurgent COVID-19 cases in China and elsewhere. Therefore, we think fundamentally strong stocks…

The Russia-Ukraine war has exacerbated supply chain disruptions worldwide, causing many economists to forecast that inflationary pressure will persist longer than expected, irrespective of federal interest rate hikes. Amid rising prices, discount store operators should witness significant demand because they sell products at prices lower than traditional retail stores. So,…

Analysts have provided the following ratings for BJ's Wholesale Club (NYSE:BJ) within the last quarter:

Analysts slashed their price target on BJ's Wholesale Club Holdings Inc (NYSE:BJ) following the release of Q4 results. Credit Suisse analyst Robert Moskow lowered the price target to $70 from $80 and kept an Outperform rating on the shares, implying a 24% upside. Moskow thinks the pullback in the stock after weak Q4 results is an…

BJ's Wholesale Club Holdings Inc (NYSE:BJ) said it is continuing its expansion by opening four new clubs as part of the first phase of its 2022 development plans. The newest clubs will be located in Warwick, Rhode Island, Lady Lake, Florida, Canton, Michigan, and Greenburgh, New York. Also See: BJ's Q4 Results The Florida, Michigan,…

BJ's Wholesale Club Holdings Inc (NYSE:BJ) reported fourth-quarter FY21 sales growth of 10.4% year-on-year, to $4.36 billion, missing the consensus of $4.38 billion. Comparable sales increased by 8.8%, reflecting two-year stacked comp of 21.8%. Comparable club sales, excluding gasoline sales, increased by 0.9%, reflecting two-year stacked comp of 16.8%. Digitally-enabled sales grew 19%,…

  BJ's Wholesale Club (NYSE:BJ) reported its Q4 earnings results on Thursday, March 3, 2022 at 06:55 AM. Here's what investors need to know about the announcement.

BJ's Wholesale Club (NYSE:BJ) is set to give its latest quarterly earnings report on Thursday, 2022-03-03. Here's what investors need to know before the announcement. Analysts estimate that BJ's Wholesale Club will report an earnings per share (EPS) of $0.74.

Despite soaring inflation, the inelastic demand for certain products makes consumer staples stocks good bets now. Therefore, fundamentally-sound consumer staples stocks Diageo (DEO), Archer-Daniels-Midland (ADM), Kroger (KR), Albertsons Companies (ACI), and BJ's Wholesale Club (BJ) could be solid buys to protect your portfolio against inflation.