Smile Investment summary My previous investment thought on BJ's Wholesale Club Holdings (NYSE:BJ) (published on 29th March) was a hold rating because the valuation was not attractive despite a healthy fundamental outlook. I still find it hard to upgrade BJ to a buy rating because of the valuation trading today, which is expensive relative to peers, and considering my expected EPS growth for the business. 2Q24 results update Released yesterday, BJ 2Q24 saw total revenue of $5.2 billion (~5% y/y growth), driv ...