BJ's Wholesale Club Holdings, Inc. BJ

Fundamental and Technical Analysis before Earnings Release

BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) is scheduled to release its fourth quarter fiscal 2024 earnings on Thursday, March 6, 2025, before the market opens. The company will also hold a conference call on the same day at 8:30 a.m. ET to discuss its financial performance.

Investors and analysts will be looking closely at these results, as BJ's Wholesale Club has recently reached a milestone of 7.5 million members and announced plans for a membership fee increase. The company has also raised its fiscal 2024 guidance, expecting fourth quarter fiscal 2024 comparable club sales, excluding the impact of gasoline sales, to increase 2.5% to 3.0% year-over-year.

In this analysis, we examine Kroger from both fundamental and technical perspectives. Fundamenatal and technical analysis before an earnings release can provide valuable insights, but it's important to approach it with caution due to the potential for increased volatility. Increasing volatility in the market can potentially enhance profit opportunities for traders.

Trade policies and tariffs

Furthermore, as a wholesale club that imports various products, any changes in trade policies or tariffs could potentially impact their costs and pricing strategies. Investors may want to listen for any comments on this topic during the earnings call.

Fundamental Analysis of BJ

BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) is a leading membership-based warehouse club chain in the United States. Here's an overview of the company's recent performance and key developments:

Financial Performance

• Q3 2024 Results:

  • Net sales increased 3% year-over-year to $4.98 billion

  • Net income rose to $155.7 million, up from $130.5 million in Q3 2023

  • Adjusted earnings per share grew 18% to $1.18

  • Comparable club sales increased by 1.5%, with a 3.8% increase excluding gasoline sales

• Fiscal 2024 Guidance: The company has raised its guidance for fiscal 2024, indicating confidence in its performance

Membership and Expansion

• Membership Growth: BJ's reached a milestone of 7.5 million members

• New Locations:

  • Opened three new clubs and four new gas stations in Q3 2024

  • 2025 Locations:

    • Hanover Township, New Jersey: This will be BJ's 25th club in New Jersey.

    • Southern Pines, North Carolina: Marking BJ's 10th location in North Carolina.

    • Louisville, Kentucky: BJ's first location in Kentucky, marking its entry into its 21st state. This location will include a BJ's Gas station

Strategic Initiatives

• Membership Fee Increase: Announced plans to increase membership fees, the first such increase in 7 years

• Digital Growth: Digitally enabled comparable sales grew 30% year-over-year in Q3 2024

• Share Repurchase: Board approved a new $1 billion share repurchase program

BJ's Wholesale Club continues to demonstrate strong performance, with robust membership growth and expansion into new markets. The company's focus on digital sales and strategic initiatives like the membership fee increase suggest a proactive approach to maintaining growth and profitability in the competitive wholesale club sector.

Technical Analysis of BJ

Daily Chart

Weekly Chart

Moving Averages

• 8-day EMA: $101.31, is above the stock price, it generally indicates a short-term downtrend or bearish momentum in the stock

  20-day EMA: $101.77, also bearish

• The 50-day EMA at $99.29 is slightly below the current price, it generally indicates a midly bullish trend in the market.

• 100-day SMA: $94.46, it indicates a bullish trend in the medium term.

  200-day SMA: $89.85, it indicates a bullish trend in the long term.

Oscillators and Momentum

• The Relative Strength Index (RSI) (14,70,30)

Daily: 47.31, indicates that the asset is currently in a neutral zone, slightly leaning towards bearish sentiment

Weekly: 59.18,indicates a moderately bullish sentiment in the medium-term

• The Moving Average Convergence Divergence (MACD) (12,6,9)

Daily: 0.2715, indicates a bullish signal in the short-term

Weekly: 4.3862, indicates a bullish trend.

• The Commodity Channel Index (CCI) (14,-100,100)

Daily: -80.851, indicates that the asset is approaching oversold conditions, but hasn't yet reached the standard oversold threshold

Weekly: 50.68, indicates a moderately bullish sentiment

Price Action and Volatility

• Bollinger Bands

  (Daily) : 98.62; 103.71; 108.79. The stock is experiencing downward pressure but hasn't reached oversold conditions yet.

  Bollinger Bands (Weekly): 83.83; 95.49; 107.16, the price moving above the middle band indicates that the stock is showing strength and potentially trending upwards.

  Percent B (%b):

  Daily: 14.77, indicating potential oversold conditions

  Weekly: 69.81, suggests bullish momentum, as the price is well above the middle band

  Bandwidth:

  Daily : 10.17, indicates a moderate level of volatility

  Weekly: 23.33, the Bollinger Bands are widely separated, indicating a strong trend or recent large price movements.

Overall Technical Outlook