BJ’s Wholesale Club earnings top estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BJ’s Wholesale Club Inc. stock rose in premarket trade Thursday, after the company posted better-than-expected earnings for its fiscal fourth quarter. The...

BJ’s Wholesale Club Inc. stock BJ rose in premarket trade Thursday, after the company posted better-than-expected earnings for its fiscal fourth quarter. The company had net income of $129.8 million, or 95 cents a share, for the quarter to Jan. 28, up from $107.6 million, or 78 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.00, ahead of the 88 cent FactSet consensus. Sales rose 13.2% to $4.828 billion from $4.264 billion, also ahead of the $4.

8 million, or 95 cents a share, for the quarter to Jan. 28, up from $107.6 million, or 78 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.00, ahead of the 88 cent FactSet consensus. Sales rose 13.2% to $4.828 billion from $4.264 billion, also ahead of the $4.786 billion FactSet consensus. Same-store sales rose 9.8% to beat the 5.5% FactSet consensus.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines