BJ's Wholesale Club Holdings, Inc.
For the period ended Feb 1, 2025. Filed Mar 14, 2025.
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FY2025 · Filed Mar 14, 2025
BJ$110.40+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of February , 202 and February
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except par value)
| February 1, 2025 | February 3, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $28,272 | $36,049 |
| Accounts receivable, net | 277,326 | 234,769 |
| Merchandise inventories | 1,508,988 | 1,454,822 |
| Prepaid expenses and other current assets | 64,374 | 68,366 |
| Total current assets | 1,878,960 | 1,794,006 |
| Operating lease right-of-use assets, net | 2,100,257 | 2,140,482 |
| Property and equipment, net | 1,897,604 | 1,578,792 |
| Goodwill | 1,008,816 | 1,008,816 |
| Intangibles, net | 101,109 | 107,632 |
| Deferred income taxes | 6,975 | 4,071 |
| Other assets | 71,584 | 43,823 |
| Total assets | $7,065,305 | $6,677,622 |
| LIABILITIES | ||
| Current liabilities: | ||
| Short-term debt | $175,000 | $319,000 |
| Current portion of operating lease liabilities | 192,528 | 153,631 |
| Accounts payable | 1,253,512 | 1,183,281 |
| Accrued expenses and other current liabilities | 913,042 | 812,136 |
| Total current liabilities | 2,534,082 | 2,468,048 |
| Long-term operating lease liabilities | 2,013,962 | 2,050,883 |
| Long-term debt | 398,807 | 398,432 |
| Deferred income taxes | 59,659 | 74,773 |
| Other non-current liabilities | 211,341 | 226,635 |
| Commitments and contingencies (see Note 10) | ||
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock; $0.01 par value; 5,000 shares authorized, no shares issued | — | — |
| Common stock; $0.01 par value; 300,000 shares authorized, 148,965 shares issued and 131,638 shares outstanding at February 1, 2025; 300,000 shares authorized, 147,544 shares issued and 132,768 shares outstanding at February 3, 2024 | 1,489 | 1,475 |
| Additional paid-in capital | 1,079,445 | 1,006,409 |
| Retained earnings | 1,702,648 | 1,168,231 |
| Accumulated other comprehensive income | 231 | 501 |
| Treasury stock, at cost, 17,327 shares at February 1, 2025 and 14,776 shares at February 3, 2024 | (936,359) | (717,765) |
| Total stockholders’ equity | 1,847,454 | 1,458,851 |
| Total liabilities and stockholders’ equity | $7,065,305 | $6,677,622 |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Amounts in thousands, except per share amounts)
| Fiscal Year Ended | |||
|---|---|---|---|
| February 1, 2025 | February 3, 2024 | January 28, 2023 | |
| Net sales | $20,045,329 | $19,548,011 | $18,918,435 |
| Membership fee income | 456,475 | 420,678 | 396,730 |
| Total revenues | 20,501,804 | 19,968,689 | 19,315,165 |
| Cost of sales | 16,737,378 | 16,326,129 | 15,883,677 |
| Selling, general and administrative expenses | 2,963,883 | 2,822,513 | 2,668,569 |
| Pre-opening expenses | 28,337 | 19,628 | 24,933 |
| Operating income | 772,206 | 800,419 | 737,986 |
| Interest expense, net | 51,359 | 64,527 | 47,462 |
| Income from continuing operations before income taxes | 720,847 | 735,892 | 690,524 |
| Provision for income taxes | 186,430 | 212,240 | 176,262 |
| Income from continuing operations | 534,417 | 523,652 | 514,262 |
| Income (loss) from discontinued operations, net of income taxes | — | 89 | (1,085) |
| Net income | $534,417 | $523,741 | $513,177 |
| Income per share attributable to common stockholders—basic: | |||
| Income from continuing operations | $4.04 | $3.94 | $3.84 |
| Income (loss) from discontinued operations | — | — | (0.01) |
| Net income | $4.04 | $3.94 | $3.83 |
| Income per share attributable to common stockholders—diluted: | |||
| Income from continuing operations | $4.00 | $3.88 | $3.77 |
| Income (loss) from discontinued operations | — | — | (0.01) |
| Net income | $4.00 | $3.88 | $3.76 |
| Weighted-average number of shares outstanding: | |||
| Basic | 132,150 | 133,047 | 134,017 |
| Diluted | 133,605 | 135,118 | 136,473 |
| Other comprehensive (loss) income: | |||
| Postretirement medical plan adjustment, net of income tax (benefit) expense of $(104), $(210) and $26, respectively | $(270) | $(548) | $78 |
| Amounts reclassified from accumulated other comprehensive income, net of tax | — | (501) | (421) |
| Unrealized gain on cash flow hedge, net of income tax | — | — | 588 |
| Total other comprehensive (loss) income | (270) | (1,049) | 245 |
| Total comprehensive income | $534,147 | $522,692 | $513,422 |
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