BJ's Wholesale Club, Inc.
Stock Symbol: BJ
One Mercer Road
BJ's Wholesale Club, Inc. Industry:
BJ's Wholesale Club, Inc. Description:
BJ'S Wholesale Club, Inc. is a warehouse club operator in the eastern United States. As of February 1, 2003, BJ's operated 124 traditional-size "big box" warehouse clubs that averaged approximately 111,000 square feet, and 16 smaller-format warehouse clubs that averaged approximately 69,000 square feet. The Company has two types of members, Inner Circle members and business members. The Company had approximately 8.2 million members (including supplemental cardholders), as of February 1, 2003. BJ's services its existing members and attracts new members by providing a range of brand name merchandise at prices that are consistently lower than the prices of traditional wholesalers, discount retailers, supermarkets, supercenters and specialty retail operations. The Company limits the items offered in each product line to fast-selling styles, sizes and colors, carrying an average of approximately 6,500 active stock-keeping units
BJ's Wholesale Club, Inc. Financial Summary:
BJ's Wholesale Club, Inc.is a warehouse club operator with restaurants and general merchandising in eastern United States. For the 26 weeks ended 7/30/05, revenues rose 9% to $3.83B. Net income from continuing operations rose 11% to $49.1M. Revenues reflect increase in club sales and opening of new clubs & gasoline stations. Higher net income reflects reflects improved operating margin, increase in interest income and higher gains on contingent lease obligations.
BJ's Wholesale Club, Inc. Business Summary:
BJ's Wholesale Club, Inc. (BJ's) is a warehouse club operator in the eastern United States. As of January 29, 2005, BJ's operated 157 warehouse clubs, including two ProFoods Restaurant Supply clubs in 16 states. Its revenues are derived from the sale of a range of food and general merchandise items, the sale of gasoline and from membership fees. As of January 29, 2005, BJ's operated 137 traditional size big-box warehouse clubs that averaged approximately 112,000 square feet, 18 smaller format warehouse clubs that averaged approximately 71,000 square feet and two ProFoods clubs that averaged approximately 62,000 square feet. The Company's clubs are located in both freestanding locations and shopping centers.