BJ's Wholesale Stock Rises on Strong Q3 Profits, Membership Fee Hike
Key Takeaways BJ's Wholesale Club shares rose Thursday after its third-quarter earnings beat estimates.The warehouse retailer also announced its first membership fee increase in seven years, and a new stock buyback plan.
BJ’s Wholesale Stock Hits Record High. Retailer Follows Costco’s Lead and Hikes Membership Fee.
BJ’s Wholesale Club was rising Thursday in premarket trading after the big-box retailer reported better-than-expected earnings, raised its guidance, and announced a hike to its membership fee. Shares were up 2.
BJ's Wholesale Pops on Membership Fee Hike, Stock Buybacks
BJ's stock is rallying Thursday after the warehouse club raised its membership fee for the first time in seven years and unveiled a big stock buyback program.
BJ's Wholesale Club hikes membership fees for first time since 2018
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
BJ's is increasing membership fees for the first time since 2018. This is how it will re-invest the proceeds
BJ’s Wholesale Club Holdings Inc. announced the company's first membership-fee increase since 2018 when it reported third-quarter results early Thursday. Speaking during a conference call to discuss the results,
Wholesale retailer increasing membership fee for first time since 2018
BJ’s Wholesale Club announced it will increase its membership fees at the beginning of the year, the chain’s first increase in seven years. A news release from BJ’s says the “Club” membership fee will increase by $5 to $60 per year,
BJ’s Wholesale Club raises membership fees for the first time in 7 years
Emboldened by some of the best membership numbers of the year and continued success with fresh food, BJ’s Wholesale Club announced Thursday it will soon increase membership fees for the first time in seven years.
BJ’s Wholesale Club membership fees are going up for the first time in 7 years
BJ’s explained in a release that the increased prices “allows the company to invest in an even stronger value proposition for its 7.5 million member base, which continues to grow.” Shares of BJs’ ( BJ) soared 5% in premarket trading following a strong earnings period in which it reported a 3.
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