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Side-by-side financial comparison of BJ's Wholesale Club Holdings, Inc. (BJ) and MINISO Group Holding Ltd (MNSO). Click either name above to swap in a different company.
MINISO Group Holding Ltd is the larger business by last-quarter revenue ($14.8B vs $5.3B, roughly 2.8× BJ's Wholesale Club Holdings, Inc.).
BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Louisville, Kentucky, Indiana, Tennessee, Florida and Alabama. Its major competitors are Costco Wholesale and Sam's Club.
MINISO Group Holding Limited, trading as MINISO is a Chinese retailer and variety store chain that specializes in household and consumer goods including cosmetics, stationery, toys, and kitchenware featuring IP design. Founded in 2013 by Ye Guofu, its headquarters are in Haizhu District, Guangzhou. In 2025, the company's sales revenue reached $2.45 billion. In March 2019, MINISO began a collaboration with Marvel Entertainment to sell its branded products.
BJ vs MNSO — Head-to-Head
Income Statement — Q4 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $5.3B | $14.8B |
| Net Profit | $152.1M | — |
| Gross Margin | 19.0% | 45.1% |
| Operating Margin | 4.1% | 19.5% |
| Net Margin | 2.8% | — |
| Revenue YoY | 4.9% | — |
| Net Profit YoY | -2.4% | — |
| EPS (diluted) | $1.15 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $5.3B | $14.8B | ||
| Q3 25 | $5.4B | $635.3M | ||
| Q2 25 | $5.2B | $513.1M | ||
| Q1 25 | $5.3B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.2B | $540.2M | ||
| Q2 24 | $4.9B | — | ||
| Q1 24 | $5.4B | $409.1M |
| Q4 25 | $152.1M | — | ||
| Q3 25 | $150.7M | — | ||
| Q2 25 | $149.8M | — | ||
| Q1 25 | $122.7M | — | ||
| Q4 24 | $155.7M | — | ||
| Q3 24 | $145.0M | — | ||
| Q2 24 | $111.0M | — | ||
| Q1 24 | $145.9M | — |
| Q4 25 | 19.0% | 45.1% | ||
| Q3 25 | 18.7% | 44.9% | ||
| Q2 25 | 18.8% | 43.4% | ||
| Q1 25 | 18.0% | — | ||
| Q4 24 | 19.1% | — | ||
| Q3 24 | 18.4% | 41.8% | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 18.0% | 39.3% |
| Q4 25 | 4.1% | 19.5% | ||
| Q3 25 | 4.0% | 18.9% | ||
| Q2 25 | 4.0% | 20.0% | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 3.9% | 20.8% | ||
| Q2 24 | 3.3% | — | ||
| Q1 24 | 4.0% | 19.5% |
| Q4 25 | 2.8% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | $1.15 | — | ||
| Q3 25 | $1.14 | — | ||
| Q2 25 | $1.13 | — | ||
| Q1 25 | $0.92 | — | ||
| Q4 24 | $1.17 | — | ||
| Q3 24 | $1.08 | — | ||
| Q2 24 | $0.83 | — | ||
| Q1 24 | $1.09 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $45.1M | — |
| Total DebtLower is stronger | $399.0M | — |
| Stockholders' EquityBook value | $2.2B | — |
| Total Assets | $7.5B | — |
| Debt / EquityLower = less leverage | 0.18× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.1M | — | ||
| Q3 25 | $47.3M | — | ||
| Q2 25 | $39.5M | — | ||
| Q1 25 | $28.3M | — | ||
| Q4 24 | $33.9M | — | ||
| Q3 24 | $38.1M | — | ||
| Q2 24 | $35.1M | — | ||
| Q1 24 | $36.0M | — |
| Q4 25 | $399.0M | — | ||
| Q3 25 | $399.0M | — | ||
| Q2 25 | $398.9M | — | ||
| Q1 25 | $398.8M | — | ||
| Q4 24 | $398.7M | — | ||
| Q3 24 | $398.6M | — | ||
| Q2 24 | $398.5M | — | ||
| Q1 24 | $398.4M | — |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $7.2B | — | ||
| Q1 25 | $7.1B | — | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $6.9B | — | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | $6.7B | — |
| Q4 25 | 0.18× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | 0.24× | — | ||
| Q2 24 | 0.26× | — | ||
| Q1 24 | 0.27× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $181.1M | — |
| Free Cash FlowOCF − Capex | $-13.7M | — |
| FCF MarginFCF / Revenue | -0.3% | — |
| Capex IntensityCapex / Revenue | 3.6% | — |
| Cash ConversionOCF / Net Profit | 1.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | $249.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $181.1M | — | ||
| Q3 25 | $249.9M | — | ||
| Q2 25 | $208.1M | — | ||
| Q1 25 | $271.9M | — | ||
| Q4 24 | $206.8M | — | ||
| Q3 24 | $221.4M | — | ||
| Q2 24 | $200.8M | — | ||
| Q1 24 | $274.4M | — |
| Q4 25 | $-13.7M | — | ||
| Q3 25 | $84.3M | — | ||
| Q2 25 | $67.6M | — | ||
| Q1 25 | $111.5M | — | ||
| Q4 24 | $18.8M | — | ||
| Q3 24 | $87.5M | — | ||
| Q2 24 | $95.1M | — | ||
| Q1 24 | $155.2M | — |
| Q4 25 | -0.3% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.9% | — | ||
| Q1 24 | 2.9% | — |
| Q4 25 | 3.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 2.2% | — |
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.66× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.53× | — | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 1.88× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
