Market Overview

BJ's Wholesale Club Holdings, Inc. Launches Follow-On Offering by Selling Stockholders

Share:

BJ's Wholesale Club Holdings, Inc. ("BJ's" or the "Company") (NYSE:BJ)
announced today the commencement of an underwritten public offering of
17,500,000 shares of its common stock by certain selling stockholders,
pursuant to an effective shelf registration statement filed with the
Securities and Exchange Commission (the "SEC") on Form S-1. BJ's will
not receive any of the proceeds from the sale of the shares of its
common stock being offered by the selling stockholders and will bear the
costs associated with the sale of such shares, other than underwriting
discounts and commissions.

Goldman Sachs & Co. LLC is serving as underwriter for the offering.

A shelf registration statement relating to the offering was filed with
the SEC on February 11, 2019 and it became effective on February 15,
2019, a prospectus filed pursuant to Rule 424(b)(3) was filed on
February 21, 2019 and a post-effective amendment to the shelf
registration statement was filed on March 26, 2019 and on June 4, 2019.
Before you invest, you should read the prospectus and the registration
statement as well as the prospectus supplement related to this offering.
You may obtain these documents for free by visiting EDGAR on the SEC
website at www.sec.gov.
When available, copies of the prospectus supplement and accompanying
prospectus related to the offering may also be obtained by contacting
Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West
Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile:
212-902-9316 or by emailing prospectus-ny@ny.email.gs.com.

The offering of these securities will be made only by means of a
prospectus supplement and the accompanying prospectus.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.

About BJ's Wholesale Club Holdings, Inc.
Headquartered in
Westborough, Massachusetts, BJ's Wholesale Club Holdings, Inc. is a
leading operator of membership warehouse clubs in the Eastern United
States. The Company currently operates 217 clubs and 139 BJ's Gas®
locations in 16 states.

The Company's common stock is traded on the New York Stock Exchange
(NYSE:BJ).

Cautionary Statement Concerning Forward-Looking Statements
Certain
statements contained in this press release constitute forward-looking
statements. Management has based these forward-looking statements on its
current expectations, assumptions, estimates and projections. While they
believe these expectations, assumptions, estimates and projections are
reasonable, such forward-looking statements are only predictions and
involve known and unknown risks and uncertainties, many of which are
beyond management's control. These statements involve risks and
uncertainties that may cause BJ's actual results, performance or
achievements to differ materially from any future results, performance
or achievements expressed or implied by these forward-looking statements.

View Comments and Join the Discussion!