2024-06-18 12:42:49 ET
Summary
- BJ's Wholesale Club was viewed as inferior to Costco due to underperformance in growth, geographic expansions, and margin stability.
- Despite Costco being the better investment, I admit I should have upgraded BJ's to a Buy after the Q4-23 release.
- This article discusses what was missed in the analysis of BJ's Wholesale Club and whether it is still a good investment opportunity.
BJ's Wholesale Club ( BJ ) is a veteran player in the club market, being around since 1984. The company has flipped the growth switch after its IPO in 2018 and has been a market-beating investment since....
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For further details see:
BJ's Wholesale Club: The Recent Surge Isn't Fundamental-Driven