BJ’s is one of the first and most successful wholesale clubs in the eastern United States. Spread over 16 states, BJ’s currently has 177 outlets in operation.

In a recent press statement, BJ’s Wholesale Club Inc. reported that sales for April, 2008 had risen by 20.4 percent over the prior-year period. On a comparable club basis, sales saw a 17.8 percent growth, 5.5 percent of which came from gasoline sales. The Easter holiday created an additional day of sales by which April 2008 was positively impacted by a measure of 4 percent.

First quarter 2008 net sales increased by 12.3 percent to $2.26 billion, compared to those of $2.01 billion in first quarter, 2007. BJ’s is planning to fully discuss first quarter financial results in a public conference call to take place on Wednesday, May 21, 2008 at approximately 7 a.m. Eastern. They will also address the company’s outlook for the remainder of 2008. BJ’s stock is currently trading at its highest level in over five years.

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