BJ's Wholesale Club Holdings Inc at Goldman Sachs Global Retail Conference (Virtual) Transcript

Sep 10, 2020 / 06:30PM GMT
Katharine Amanda McShane - Goldman Sachs Group, Inc., Research Division - Equity Analyst

Thank you again for joining us. This is Kate McShane, the Hardlines, Broadlines analyst at Goldman. It's my pleasure to introduce members of the management team of BJ's Wholesale Club to our fireside chat.

BJ's differentiates itself with its membership model, which allows them to offer the lowest prices and its treasure hunt experience, which drives traffic. It operates in over 200 warehouses, generating revenue of over 2 -- I'm sorry, over $12 billion. The company reported a strong comp in Q2 and continues to expand margins.

Today, we have with us Lee Delaney, President and Chief Executive Officer of BJ's. Mr. Delaney joined BJ's in 2016 as Executive Vice President, Chief Growth Officer and became President and CEO at the end of 2019. We also have with us Bob Eddy, Executive Vice President, Chief Financial and Administrative Officer of BJ's. Bob was named Chief Financial and Administrative Officer in 2018. He joined BJ's in 2017 (sic) [2007] and was named Chief Financial Officer in 2011.

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