BJ's Wholesale Club Holdings Inc

BJ has transitioned into a Stage 2 advancing phase, with price reclaiming and holding above the 9, 20, and 50 EMAs on elevated volume. The active Lockout Rally reflects forced short covering and institutional demand, sustaining momentum despite overbought conditions. EMAs are aligned and acting as support, confirming continuation potential. In line with the Stable strategy’s emphasis on controlled engagement, immediate participation on continuation is warranted.

• ↑Q1’26 revenue grew 10% YoY to $5.5B driven by increased traffic.
• ↑Memberships rose 500K, taking total to 8M and boosting fee income 10% ($132M).
• ↓Merchandise gross margin fell 10bps YoY, pressuring earnings.