BJ's Wholesale Club expects its initial public offering to be priced between $15 and $17 per share, giving the warehouse club operator a market capitalization of up to $2.15 billion.
At the top end of that range, the offering of 37.5 million shares would raise $637.5 million.
The company, which was taken private in 2011 for $2.8 billion, filed with regulators to go public for the second time last month.
Analysts had said that BJ's debut in a competitive market was "sensible" as investors' confidence in the retail sector had risen.
The company will list on the New York Stock Exchange under the symbol "BJ."