A hotter-than-expected consumer inflation reading spooked investors last week, but investors may want to adopt a long-term mindset as they seek buying opportunities.
"We see accelerated budget trends as the channel partner that commissioned the survey estimated AWS spending growth of 20% YoY growth, consistent with our forecast, and above consensus at 15%," noted Lee. "GOLF's strong brand equity, driven by its best-in-class and industry-leading product lines, including FootJoy and Titleist, are major assets and the primary drivers of its premium market valuation," said Feinseth.
McShane highlighted that the grocery category accounted for 86% of BJ's merchandise sales in fiscal 2023. She expects better revenue outlook, given the return of volume growth in the grocery business and enhanced customer engagement in the general merchandise category.
France Dernières Nouvelles, France Actualités
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