BJ's Wholesale Club, founded in 1984, operates a membership-based warehouse club model primarily along the US East Coast, with roughly 250 clubs and a growing domestic presence across 21 states. In fiscal 2024, the company generated over $20 billion in revenue. BJ's offers a value-oriented assortment skewed toward grocery, perishables, and consumables (71% of sales), general merchandise (11%), and gasoline (18%). Its business model is supported by recurring membership fee income and private-label brands such as Wellsley Farms and Berkley Jensen.
The chart shows the growth of an initial investment of $10,000 in BJs Wholesale Club Holdings, Inc. Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
BJs Wholesale Club Holdings, Inc. Common Stock (BJ) has returned 8.92% so far this year and -12.78% over the past 12 months. Looking at the last ten years, BJ has achieved an annualized return of 16.52%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of BJs Wholesale Club Holdings, Inc. Common Stock (BJ) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.68% | 6.65% | 1.14% | 0.11% | ||||||||
| 2025 | 10.56% | 3.55% | 12.18% | 2.68% | -2.26% | -3.88% | -1.81% | -8.71% | -5.24% | -5.42% | 1.55% | 0.90% |
| 2024 | -3.65% | 13.57% | 4.06% | -0.82% | 18.20% | 0.73% | 0.02% | -9.50% | 3.02% | 2.65% | 13.66% | -7.20% |
| 2023 | 9.22% | -0.99% | 6.47% | 0.33% | -17.89% | 1.38% | 5.36% | 1.43% | 5.44% | -4.34% | -5.52% | 2.98% |
| 2022 | -7.62% | 2.46% | 6.88% | -6.04% | -10.31% | 7.75% | 8.04% | 9.56% | -1.98% | 6.38% | -2.94% | -10.01% |
| 2021 | 12.58% | -5.12% | 10.17% | -0.56% | -0.07% | 5.62% | 7.08% | 11.45% | -2.87% | 6.37% | 12.63% | 0.07% |
| 2020 | -10.94% | -6.64% | 31.29% | 5.24% | 38.89% | 3.53% | 7.81% | 10.61% | -6.71% | -7.91% | 6.97% | -9.45% |
| 2019 | 20.63% | -3.73% | 7.03% | 2.83% | -12.10% | 5.68% | -11.93% | 11.60% | -0.96% | 3.13% | -11.27% | -4.21% |
| 2018 | 11.29% | 6.81% | 19.19% | -9.22% | -17.66% | 4.38% | -6.46% |
The charts below present risk-adjusted performance metrics for BJs Wholesale Club Holdings, Inc. Common Stock (BJ) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of BJ compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current BJs Wholesale Club Holdings, Inc. Common Stock volatility is 2.23%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.51B | 7.07B | 6.68B | 6.35B | 5.67B | 5.41B | 5.27B | 3.24B | 2.32B |
| Temporary Equity Attributable To Parent (USD) | - | - | - | - | - | - | - | - | - |
| Temporary Equity (USD) | - | - | - | - | - | - | - | - | - |
| Equity Attributable To Parent (USD) | 2.20B | 1.85B | 1.46B | 1.05B | 648.11M | 319.33M | -54.34M | -202.08M | 1.14B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.20B | 1.85B | 1.46B | 1.05B | 648.11M | 319.33M | -54.34M | -202.08M | 1.14B |
| Other Non-current Liabilities (USD) | 2.24B | 2.28B | 2.35B | 2.31B | 2.27B | 2.21B | 1.83B | 44.64M | - |
| Long-term Debt (USD) | 399.10M | 398.81M | 398.43M | 447.88M | 748.57M | 846.18M | 1.69B | 1.82B | - |
| Noncurrent Liabilities (USD) | 2.64B | 2.68B | 2.75B | 2.76B | 3.02B | 3.06B | 3.52B | 1.86B | 190.35M |
| Other Current Liabilities (USD) | 1.25B | 1.17B | 1.20B | 1.22B | 747.84M | 910.80M | 944.52M | 683.15M | 331.93M |
| Wages (USD) | 113.38M | 110.69M | 87.77M | 128.48M | 141.86M | 132.34M | 70.48M | 77.66M | - |
| Accounts Payable (USD) | 1.31B | 1.25B | 1.18B | 1.20B | 1.11B | 988.07M | 786.41M | 816.88M | 655.08M |
| Current Liabilities (USD) | 2.67B | 2.53B | 2.47B | 2.55B | 2.00B | 2.03B | 1.80B | 1.58B | 987.01M |
| Liabilities (USD) | 5.31B | 5.22B | 5.22B | 5.30B | 5.02B | 5.09B | 5.32B | 3.44B | 1.18B |
| Other Non-current Assets (USD) | 3.06B | 3.19B | 3.20B | 4.53B | 4.03B | 3.01B | 3.76B | 952.43M | 24.42M |
| Intangible Assets (USD) | 95.46M | 101.11M | 107.63M | 115.51M | 124.64M | 135.12M | 146.99M | 200.87M | - |
| Fixed Assets (USD) | 2.36B | 1.90B | 1.58B | - | - | 797.79M | - | 748.78M | 1.01B |
| Noncurrent Assets (USD) | 5.52B | 5.19B | 4.88B | 4.65B | 4.15B | 3.94B | 3.91B | 1.90B | 1.03B |
| Other Current Assets (USD) | 434.62M | 369.97M | 339.18M | 324.69M | 274.12M | 264.89M | 278.52M | 284.90M | 131.32M |
| Prepaid Expenses (USD) | - | - | - | - | - | - | - | - | 39.12M |
| Inventory (USD) | 1.56B | 1.51B | 1.45B | 1.38B | 1.24B | 1.21B | 1.08B | 1.05B | 981.58M |
| Accounts Receivable (USD) | - | - | - | - | - | - | - | - | 140.20M |
| Current Assets (USD) | 1.99B | 1.88B | 1.79B | 1.70B | 1.52B | 1.47B | 1.36B | 1.34B | 1.29B |
| Assets (USD) | 7.51B | 7.07B | 6.68B | 6.35B | 5.67B | 5.41B | 5.27B | 3.24B | 2.32B |
Walmart's operating income is growing significantly faster than revenue due to high-margin profit engines like advertising and membership fees, while BJ's Wholesale faces margin pressure from merchandise mix shifts. Despite Walmart's premium valuation at 44x earnings guidance versus BJ's 21.5x, Walmart is considered the more resilient long-term investment due to its multiple growth levers and strategic advantages, though its stock price leaves little room for error.
Costco continues to demonstrate strong business fundamentals with 8.2% sales growth, high membership renewal rates around 90%, and increasing executive membership upgrades. However, the stock has been flat over the past year and trades at a premium P/E ratio of 54 versus its three-year average of 49, leaving limited upside potential in the near term unless growth accelerates.
Costco demonstrates strong fundamentals with consistent same-store sales growth, expanding warehouse footprint, and predictable financial performance across macro scenarios. However, the stock trades at a P/E ratio of 52.9, significantly more expensive than peers and the broader market. The analyst recommends a HOLD rating for existing shareholders, citing valuation concerns that make it unattractive as a new buy despite solid operational performance.
Costco Wholesale stock has fallen 20% from its early-2025 peak due to recent earnings misses, slowing same-store sales growth, and consumer spending constraints. However, the article argues this sell-off may be overdone, as year-over-year comparisons should improve, economic growth is expected to accelerate later in 2025-2026, and international expansion shows stronger growth. The stock's consensus price target of $1,043.44 suggests 20% upside potential, making it a potential long-term wealth-building opportunity for patient investors.
The article discusses why the author remains committed to Costco stock, highlighting its consistent growth, low employee turnover, and resilience during economic challenges, despite trading at a high valuation.
Costco reported strong fiscal 2025 performance with 8% revenue growth and 10% net income increase, but faces challenges with high valuation and limited dividend potential, making it less attractive for new investors.
BJ's Wholesale Club reported Q2 2025 earnings with EPS of $1.14, exceeding estimates. The company saw 3.4% revenue growth, 9% increase in membership fee income, and raised full-year guidance to $4.20-$4.35 per share.
In a challenging economic environment, warehouse clubs Costco and BJ's are attracting consumers seeking value. While Costco offers global scale and consistency, BJ's is showing promising digital growth and expansion potential, making both attractive investment options.
The article highlights three companies - Floor & Decor, Academy Sports and Outdoors, and BJ's Wholesale Club - that share aspects of Costco's business model but are valued more attractively and have better long-term growth prospects.
BJ's Wholesale Club reported strong Q1 results, with net sales up 4.7%, comparable sales up 3.9%, and adjusted EPS of $1.14. The company saw a significant increase in higher-tier memberships, reaching over 40% for the first time. Digitally enabled sales also grew 35% year-over-year, and the company is expanding its club footprint and optimizing its real estate.
