nysebj
BJ’s Wholesale Club moves higher on strong results.The company is growing and offers value compared to Walmart and Costco.There’s no dividend, but share repurchases should help support the price action.5 stocks we like better than BJ’s Wholesale ClubBJ’s Wholesale Club Holdings, Inc (NYSE:BJ) has been firing on all cylinders and has yet to misfire. The company has been growing via store count, member count, and expanded services and producing market-beating results all along the way. The takeaway from the Q4 results and guidance for 2023 is that those trends are not expected to stop. Q4 2022 h...
ValueWalk
The number of newly reported domestic coronavirus cases has slowed dramatically since mid-January. One would think that shoppers’ stockpiling habits would have done the same, but that hasn’t been the case. At Costco, U.S. comparable sales for February were up 17% year-over-year; excluding the impact of surging gas prices, they were up 13%. The recently reported data is a sharp reminder that consumers are still buying groceries and household staples in bulk some 24 months after the pandemic began. Q4 2021 hedge fund letters, conferences and more According to IBIS World, U.S. warehouse clubs and...
ValueWalk
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