TimesSquare Capital FOCUS Growth Strategy Trimmed BJ’s Wholesale Club Holdings (BJ) on Price Appreciation
From Yahoo Finance: 2025-05-19 09:48:00
TimesSquare Capital Management released its “U.S. Focus Growth Strategy” Q1 2025 investor letter, with a 2.42% (gross) and 2.20% (net) return compared to -7.12% for the Russell Midcap Growth Index. BJ’s Wholesale Club Holdings, Inc. was highlighted in the letter, with a 45.91% gain over 52 weeks and a May 16, 2025 closing price of $116.38 per share.
TimesSquare Capital U.S. Focus Growth Strategy praised BJ’s Wholesale Club Holdings, Inc. for surpassing revenue and growth expectations, with strong same-store sales growth. The company plans to accelerate new store openings, leading to a 28% increase in shares. The strategy trimmed its position as the stock climbed. BJ’s is not among the 30 most popular stocks among hedge funds, which favor AI stocks for higher returns.