BJ’s Wholesale Club Holdings, Inc. BJ has emerged as one of the top-notch performers amid the COVID-19 jitters, courtesy of its sound fundamentals and growth efforts that reinforce its position in the ultra-competitive environment. A robust second-quarter fiscal 2020 performance is a testimony to the same. Impressively, shares of this operator of warehouse clubs have climbed 76.7% so far in the year against the industry’s decline of 14.8%.
This Westborough, MA-based company has also comfortably outperformed the S&P 500 Index that has advanced 2.4% in the aforementioned time frame. Further, the stock is hovering close to its 52-week high of $47.46. There is a likelihood that BJ’s Wholesale Club with a long-term earnings growth rate of 15.8% can attain new highs. A VGM Score of B highlights this Zacks Rank #2 (Buy) stock’s upside potential.
Markedly, the Zacks Consensus Estimate for its current financial year sales and earnings indicates an