Maddie's questions to BJ's Wholesale Club Holdings Inc (BJ) leadership • Q2 2024
Question
An analyst identified as Maddie asked about general merchandise trends, how BJ's is positioned for the holiday season, back-to-school performance, and whether the company is allowing room to invest in general merchandise pricing.
Answer
Chairman and CEO Robert Eddy stated that the general merchandise business saw positive comp growth, with strong performance in consumer electronics, apparel, and home categories. He noted that the holiday season is a significant driver for GM and affirmed that the company continuously invests in value across all categories, which is reflected in their strong membership growth.