BJs Wholesale Club Holdings Inc (BJ)
Gross profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,582,330 | 3,392,290 | 3,023,610 | 2,978,960 | 2,426,780 |
| Revenue | US$ in thousands | 19,908,500 | 19,276,000 | 16,612,200 | 15,430,000 | 13,190,700 |
| Gross profit margin | 17.99% | 17.60% | 18.20% | 19.31% | 18.40% |
February 3, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,582,330K ÷ $19,908,500K
= 17.99%
The gross profit margin of BJs Wholesale Club Holdings Inc has fluctuated over the past five years. In the most recent fiscal year ending on February 3, 2024, the gross profit margin stood at 17.99%, slightly higher than the preceding year's figure of 17.60%. However, when compared to the margins reported in the prior years, the current margin is lower.
The company's gross profit margin peaked at 19.31% on January 30, 2021, and has since experienced a decline. This downward trend suggests potential challenges in managing the cost of goods sold relative to revenue. The variability in the gross profit margin over the years indicates that BJs Wholesale Club Holdings Inc may be facing pricing pressures, changes in product mix, or cost fluctuations impacting its profitability at the gross level. Further analysis of the factors influencing these changes would be necessary to assess the overall health of the company's operations and pricing strategies.
Peer comparison
Feb 3, 2024