The cost of a BJ’s Wholesale Club membership will get pricier in January, when the company plans to raise its standard membership to $60 and its Club+ membership to $120.

Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.

With Black Friday right around the corner, here's what to know about getting a membership at BJ's Wholesale Club.

BJ's Wholesale Club Holdings (NYSE:BJ) pushed higher in early trading on Thursday after the retailer topped estimates with its Q3 earnings report. Comparable club sales increased by 1.5% year-over-year during the quarter.

BJ's Wholesale Club shares rose Thursday morning after the warehouse retailer reported better third-quarter earnings than expected, announced a new stock buyback program, and its first membership fee hike in seven years.

Analysts expect BJ's Wholesale Club to report an earnings per share (EPS) of $0.93. The market awaits BJ's Wholesale Club's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter. It's important for new investors to understand that guidance can be a significant driver of stock prices.

BJ’s 3Q24 results showed strong revenue growth, margin expansion, and a significant EPS beat. Read why I maintain a Hold rating for BJ stock.

BJ’s Wholesale Club Holdings ($BJ) stock hit a new 52-week high of $97.53 on November 22, on news of a membership fee hike. The operator of the