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BJ’s Wholesale Club Accelerates Growth with New Locations in Kentucky, Florida and Indiana
MARLBOROUGH, Mass.--(BUSINESS WIRE)--BJ’s Wholesale Club (NYSE: BJ) today announced its next wave of new club growth with locations in Kentucky, Florida and Indiana set to open this fiscal year. The new clubs are part of the company’s ongoing strategy to open 25-30 new clubs every two years. The new clubs will be located in: Frankfort, Kentucky Ocala, Florida Lecanto, Florida Port St. Lucie, Florida Portage, Indiana This expansion strengthens BJ’s presence in the Florida market up to 46 clubs a...
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Walmart Leadership to Participate in Upcoming Investor Events
BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (Nasdaq: WMT) announced today that company leadership will participate in upcoming investor events. Links to those with live webcasts can be found on Walmart’s investor relations website at stock.walmart.com. May 27: Buyside U.S. Diversified CEO Conference – John Furner, president and CEO, will participate in meetings with investors. May 28: Bernstein Strategic Decisions Conference – Steph Wissink, senior vice president of investor relations, and...
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Slate Grocery REIT Special Committee to Review Strategic Alternatives
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), today confirmed that the Board of Trustees has established a special committee of independent trustees (the “Special Committee”) in response to an unsolicited proposal (the “Proposal”) received from affiliates of Slate Asset Management, the external manager of the REIT (the “Manager”). The Special Committee has a broad mandate to consider and evaluate a broad range of strategic alternatives, including, but not...
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BJ’s Wholesale Club Receives First-Time Investment Grade Rating from Fitch
MARLBOROUGH, Mass.--(BUSINESS WIRE)--BJ’s Wholesale Club (NYSE: BJ) today announced that Fitch Ratings has assigned a first-time Long Term Issuer Default Rating of ‘BBB’ to the company. Fitch has also assigned BBB+ ratings to the company’s ABL revolving credit facility and secured term loan due 2029. The ratings carry a Stable Outlook. "Fitch’s investment-grade ratings reflect BJ’s continued growth and commitment to financial discipline,” said Laura Felice, Chief Financial Officer, BJ’s Wholesa...
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BJ’s Wholesale Club Holdings, Inc. Announces First Quarter Fiscal 2026 Results
MARLBOROUGH, Mass.--(BUSINESS WIRE)--BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) (the “Company”) today announced its financial results for the thirteen weeks ended May 2, 2026. “We delivered a strong first quarter as our value proposition continued to resonate with members across our clubs and at our gas stations. Momentum in membership, fuel and digital sales reflects the disciplined execution of our teams and our focus on delivering value and convenience for the families who depend on us,”...
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Starbucks to Participate in the Bernstein 42nd Annual Strategic Decisions Conference
SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ: SBUX) today announced that Brian Niccol, chairman and chief executive officer, and Cathy Smith, evp, chief financial officer, will host a fireside chat at the Bernstein 42nd Annual Strategic Decisions Conference on Thursday, May 28th, 2026, at 11:00 a.m. Eastern Time. The fireside chat will be webcast live from the company’s Investor Relations website at https://investor.starbucks.com on the Events & Presentations page. About Starbuck...
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Native Redefines Care for Sensitive Skin with New Expert-Developed “Sensitive Series” Collection
SAN FRANCISCO--(BUSINESS WIRE)--Native, the personal care brand celebrated for its clean, simple, and effective formulas, announces the launch of the Sensitive Series. This new head-to-toe collection is specifically designed for those with sensitive skin who refuse to compromise on a sensorial, scented experience. Developed in collaboration with a cross-functional team of allergists, biologists, and dermatologists, the Sensitive Series pairs high-performance ingredients with hypoallergenic frag...
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Kraft Heinz Announces Early Tender Participation Results, Satisfaction of the Financing Condition, and Election of Early Settlement for Its Previously Announced Cash Tender Offer
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today the early tender results, as of 5:00 p.m., New York City time, on May 20, 2026 (the “Early Tender Time”), and the satisfaction of the condition to receive proceeds of an offering of new senior unsecured notes on terms satisfactory to the Issuer (the “Financing Condition”), in each case in respect of the previously announced offer by Kraft Heinz Foods Company, its 100% owned subsidiary (t...
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Walmart reports revenue growth of 7.3%, up 5.9% in constant currency (cc)
BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (Nasdaq: WMT): First Quarter Highlights: Revenue of $177.8 billion, up 7.3%, or 5.9% (cc) Global eCommerce sales grew 26%, led by store-fulfilled pickup & delivery and marketplace Global advertising business up 37%, with strength across segments. Walmart U.S. advertising up 36% Membership fee revenue grew 17.4% globally Gross profit rate up 6 bps, led by Walmart U.S. Operating income up $0.4 billion, or 5.0% up 5.1% adjusted (cc) Adjusted EPS...
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Blake's Hard Cider and Korbel California Champagne Debut The American Spritz – a Summer Cocktail Built for America's 250th
ARMADA, Mich. & GUERNEVILLE, Calif.--(BUSINESS WIRE)--For decades, the Spritz has been gatekept by Italian bitter liqueurs and European cues. Today, two family-owned American brands, Blake’s Hard Cider and Korbel California Champagne, are reclaiming the cocktail for the American palate in honor of America’s 250th anniversary. Blake's Hard Cider and Korbel California Champagne proudly introduce The American Spritz: a crisp, golden cocktail that pairs Blake's American Apple Imperial Hard Cider wi...