BJ s first-quarter earnings top estimates, but stock still falls biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
BJ's Wholesale Club reported a 4.1% year-on-year sales growth in Q1 FY24, reaching $4.918 billion, surpassing the $4.831 billion analyst estimate. Membership fee income surged 8.6% to $111.4 million, and digitally enabled comparable sales soared 21% Y/Y. Despite a 13.9% drop in operating income, BJ's adjusted EPS of $0.85 beat expectations. The company reaffirmed its FY24 EPS outlook of $3.75-$4.00.
BJ s Wholesale Club Navigates Challenges: Q1 Earnings Beat Estimates Amid Mixed Financial Metrics biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
QRG Capital Management Inc. grew its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 19.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,658 shares of the company’s stock after buying an additional 587 […]