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BJ's Wholesale Club Holdings, Inc. BJ Gift card programs — Deferred revenue, current

Discontinued — last reported Q2 '24

Other product segments

Membership
$285.24M+9.5%
Gift card program
$17.08M+7.6%
E-commerce sales
$7.93M+15.5%
Royalty revenue
$6.68M-3.4%
Co-brand initiatives
$2.58M-34.6%

Similar metrics at other companies

Dick's Sporting Goods logo
DKSDeferred gift card revenue — Acquired gift card liabilities
$305.55M+17.4%
Restaurant Brands International logo
QSRGift Cards — Accrued Liabilities For Unredeeemed Gift Cards
-$43M
Best Buy logo
BBYUnredeemed gift card liabilities — Contract with Customer, Liability, Current
$229M-6.9%
Deckers Outdoor Corporation logo
DECKGift Cards — Deferred Revenue
$3.1M-0.1%
Restaurant Brands International logo
QSRGift card liability
$191M+4.4%
Best Buy logo
BBYUnredeemed Gift Cards — Contract With Customer Liability Current
$229M-6.9%

Other financials

Income statement

See full
Revenue$5.7B+9.9%
Gross profit$1.0B+6.0%
Operating income$207.9M+2.1%
Net income$142.7M-4.7%
EPS (diluted)$1.10-2.7%

Balance sheet

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Cash & equivalents$27.8M-29.5%
Total debt$2.9B+6.2%
Total equity$2.1B+7.8%
Total assets$7.9B+10.8%

Cash flow

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Operating cash flow$140.0M-32.7%
CapEx$182.0M+29.5%
Free cash flow-$42.0M-162%

Valuation

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Market cap$10.88B-17.8%
Enterprise value$13.72B-14.1%
P/E19.1×-4.0×
P/S0.5×-0.1×

Profitability

See full
Gross margin18.5%-0.1pp
Operating margin3.7%-0.2pp
Net margin2.6%-0.2pp
FCF margin1.1%-0.3pp

Returns & leverage

See full
Return on equity27.9%-4.9pp
Debt / equity1.3×0.0×
Current ratio0.7×0.0×

Where this comes from

Reported directly by BJ's Wholesale Club Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: BJ's Wholesale Club Holdings, Inc.’s 10-Q, filed August 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is BJ's Wholesale Club Holdings, Inc.'s gift card programs — deferred revenue, current?
BJ's Wholesale Club Holdings, Inc. (BJ) reported gift card programs — deferred revenue, current of $14.89M in Q2 2024.
How has BJ's Wholesale Club Holdings, Inc.'s gift card programs — deferred revenue, current changed year-over-year?
BJ's Wholesale Club Holdings, Inc.'s gift card programs — deferred revenue, current increased by 10.9% year-over-year, from $13.43M to $14.89M.
What does gift card programs — deferred revenue, current mean?
The amount of money collected from gift card sales that has not yet been used by customers to purchase products.
How do you interpret gift card programs — deferred revenue, current?
An increase suggests higher consumer demand for gift cards or a buildup of unredeemed balances, while a decrease may indicate higher redemption rates or slowing gift card sales.
How does gift card programs — deferred revenue, current compare across companies?
Commonly reported by retail and hospitality companies as 'Deferred Revenue' or 'Gift Card Liability' within current liabilities.