BJ's Wholesale Strengthens NJ Presence With New Whippany Club

Zacks
19 Mar

BJ’s Wholesale Club Holdings, Inc. BJ is set to open its 25th New Jersey location in Whippany on March 21, 2025. Situated at 831 State Route 10, the club will include an on-site BJ’s Gas station, offering competitive fuel prices with additional savings available through BJ’s Fuel Saver Program. Designed to provide a seamless and value-driven shopping experience, the new club will offer a wide selection of discounted products, catering to the needs of local families and individuals.

BJ's Wholesale: Gateway to Value & Quality

The Whippany BJ’s Wholesale will offer a broad range of products, including fresh foods, produce, deli items, bakery goods, household essentials, home decor, pet supplies, toys and consumer electronics. Members will benefit from savings of up to 25% off grocery store prices every day, making it an attractive shopping destination for those seeking value. The club is designed to provide a one-stop shop wherein customers can find everything at affordable prices.

Moreover, BJ’s members can enjoy a unique shopping experience with a variety of perks. The club offers several time-saving options, such as curbside pick-up, in-club pick-up, same-day delivery and standard delivery through BJ’s website. Members shopping in-club can also utilize ExpressPay, which allows them to scan products as they shop and bypass the checkout line entirely, streamlining the shopping process.

BJ Stock Past Three-Month Performance


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BJ's Wholesale’s Membership Benefits

For a limited time, new members can sign up for exclusive offers at the Whippany BJ’s Wholesale. The Club Card Membership is available for $25 for a one-year membership with BJ’s Easy Renewal, while the Club+ Card Membership is offered at $70 for a one-year membership. Club+ members receive additional benefits, including a 5-cent-per-gallon discount at BJ’s Gas and the opportunity to earn 2% back in rewards on most BJ’s purchases.

The company also provides members with unbeatable prices on groceries, allowing them to save significantly on everyday essentials. The club’s membership program is risk-free, with a 100% money-back guarantee, making it an attractive option for shoppers looking for substantial savings. With these benefits, BJ aims to offer a cost-effective and convenient shopping experience to the Whippany community.

BJ’s Wholesale’s Growth Blueprint

The company continued its strong growth trajectory with impressive performance metrics in fourth-quarter fiscal 2024. One of the primary drivers was membership growth, which reached an all-time high of more than 7.5 million members, with a strong renewal rate of 90%. The company has focused on enhancing its loyalty programs, offering gas discounts and free same-day deliveries for higher-tier members.

BJ saw strong engagement in its merchandising and digital initiatives, including an expanded product assortment and improved e-commerce experience, which contributed to a 26% year-over-year increase in digitally enabled comparable sales in the fiscal fourth quarter. Another critical factor was BJ's ongoing expansion strategy, with seven clubs and 12 gas stations opened in fiscal 2024, along with plans for 25-30 more locations over the next two fiscal years.

The company’s Fresh 2.0 strategy aims to increase shopping frequency and customer retention by positioning BJ's as a primary destination for groceries and fresh essentials. Alongside these efforts, BJ's investment in a new distribution center and digital enhancements further solidifies its long-term growth trajectory.



Stock Price Performance

Shares of this Zacks Rank of 3 (Hold) company have gained 17.9% in the past three months compared with the industry’s growth of 1.6%.

Three Picks You Can't Miss

Some better-ranked stocks are Sprouts Farmers Market, Inc. SFM, Farmer Bros. Co. FARM and Post Holdings POST.

Sprouts Farmers operates in a highly fragmented grocery store industry. It has a unique model that features fresh produce, a food section and a vitamin department focused on overall wellness. SFM has a Zacks Rank of 2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for Sprouts Farmers’ current financial year’s earnings and revenues indicates growth of 24.3% and 11.9%, respectively, from the previous year’s reported levels. SFM delivered a trailing four-quarter average earnings surprise of 15.1%.

Farmer Bros is in the business of roasting, packaging and distributing coffee and allied products to restaurants, hotels, hospitals, convenience stores and fast food outlets. It currently carries a Zacks Rank #2.

The Zacks Consensus Estimate for Farmer Bros’ fiscal 2025 revenues implies growth of 3.3% from the year-ago actuals. FARM delivered a trailing four-quarter average earnings surprise of 34.9%.

Post Holdings is a consumer-packaged goods holding company involved in the production of center-of-the-store, refrigerated, foodservice, food ingredient and convenient nutrition product categories. It has a Zacks Rank of 2 at present. The company delivered a 16.1% earnings surprise in the last reported quarter.

The consensus estimate for Post Holdings’ fiscal 2025 earnings and revenues indicates growth of 2.2% and 0.3%, respectively, from the fiscal 2024 reported levels. POST delivered a trailing four-quarter average earnings surprise of 22.3%.











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BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report

Farmer Brothers Company (FARM) : Free Stock Analysis Report

Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report

Post Holdings, Inc. (POST) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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