BJs Wholesale Club Holdings Inc (BJ)

Gross profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Gross profit (ttm)	US$ in thousands	3,584,156	3,544,253	3,518,873	3,482,107	3,392,412	3,282,488	3,195,614	3,094,252	3,028,223	3,015,773	2,968,819	2,966,512	2,978,956	2,858,581	2,732,955	2,589,334	2,426,781	2,433,507	2,407,949	2,383,695
Revenue (ttm)	US$ in thousands	19,910,280	19,502,780	19,363,380	19,503,660	19,276,660	18,700,940	18,178,720	17,247,210	16,616,830	16,247,780	15,716,350	15,498,170	15,430,010	14,955,720	14,453,450	13,845,160	13,190,700	13,135,260	13,127,520	13,088,780
Gross profit margin		18.00%	18.17%	18.17%	17.85%	17.60%	17.55%	17.58%	17.94%	18.22%	18.56%	18.89%	19.14%	19.31%	19.11%	18.91%	18.70%	18.40%	18.53%	18.34%	18.21%

February 3, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,584,156K ÷ $19,910,280K
= 18.00%

The gross profit margin of BJs Wholesale Club Holdings Inc has shown a relatively stable trend over the past several quarters. The margin has fluctuated within a narrow range, ranging from a low of 17.55% to a high of 19.31%. This indicates that the company has been able to maintain consistency in generating profits from its core operations, with the margins showing only slight variations. Overall, the gross profit margin has remained above 18% for most of the periods, suggesting that BJs Wholesale Club Holdings Inc has been effective in managing its cost of goods sold and has been able to generate a healthy level of profit from its sales.