VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

Stock Comparison

BJ's Wholesale Club Holdings, Inc. vs Hormel Foods Corporation

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

BJ's Wholesale Club Holdings, Inc.

BJ · New York Stock Exchange

Market cap (USD)$11.9B
Gross margin (TTM)18.6%
Operating margin (TTM)3.9%
Net margin (TTM)2.7%
SectorConsumer
IndustryDiscount Stores
CountryUS
Data as of2026-01-06
Moat score
60/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into BJ's Wholesale Club Holdings, Inc.'s moat claims, evidence, and risks.

View BJ analysis

Hormel Foods Corporation

HRL · New York Stock Exchange

Market cap (USD)$12.8B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorConsumer
Industry
CountryUS
Data as of2026-01-11
Moat score
58/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Hormel Foods Corporation's moat claims, evidence, and risks.

View HRL analysis

Comparison highlights

  • Moat score gap: BJ's Wholesale Club Holdings, Inc. leads (60 / 100 vs 58 / 100 for Hormel Foods Corporation).
  • Segment focus: BJ's Wholesale Club Holdings, Inc. has 2 segments (97.8% in Merchandise and Gasoline Sales); Hormel Foods Corporation has 3 segments (61.6% in Retail).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Weak vs Moderate.
  • Moat breadth: BJ's Wholesale Club Holdings, Inc. has 7 moat types across 3 domains; Hormel Foods Corporation has 4 across 2.

Primary market context

BJ's Wholesale Club Holdings, Inc.

Merchandise and Gasoline Sales

Market

Membership warehouse club retail (groceries, fresh foods, general merchandise, gasoline, ancillary services)

Geography

United States (primarily Eastern U.S.)

Customer

Households and small businesses (members)

Role

Retailer / warehouse club operator

Revenue share

97.8%

Hormel Foods Corporation

Retail

Market

U.S. branded packaged foods sold through retail channels (grocery, mass, club, natural, drug, dollar/discount, e-commerce)

Geography

United States

Customer

Retailers and e-commerce platforms (sell-through to consumers)

Role

Branded manufacturer / marketer

Revenue share

61.6%

Side-by-side metrics

BJ's Wholesale Club Holdings, Inc.
Hormel Foods Corporation
Ticker / Exchange
BJ - New York Stock Exchange
HRL - New York Stock Exchange
Market cap (USD)
$11.9B
$12.8B
Gross margin (TTM)
18.6%
n/a
Operating margin (TTM)
3.9%
n/a
Net margin (TTM)
2.7%
n/a
Sector
Consumer
Consumer
Industry
Discount Stores
n/a
HQ country
US
US
Primary segment
Merchandise and Gasoline Sales
Retail
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Weak
Moderate
Moat score
60 / 100
58 / 100
Moat domains
Supply, Financial, Demand
Demand, Supply
Last update
2026-01-06
2026-01-11

Moat coverage

Shared moat types

Brand Trust

BJ's Wholesale Club Holdings, Inc. strengths

Scale Economies Unit CostSupply Chain ControlPhysical Network DensityNegative Working CapitalFloat PrepaymentHabit Default

Hormel Foods Corporation strengths

Distribution ControlScope EconomiesService Field Network

Segment mix

BJ's Wholesale Club Holdings, Inc. segments

Full profile >

Merchandise and Gasoline Sales

Oligopoly

97.8%

Membership Fee Income

Oligopoly

2.2%

Hormel Foods Corporation segments

Full profile >

Retail

Competitive

61.6%

Foodservice

Competitive

32.6%

International

Competitive

5.9%

Want the full wide moat stocks list?

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Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.