BJ's Wholesale Club topped Q2 estimates with 15.8% revenue growth and raised guidance, as institutional buying and a $105.33 analyst price target point to potential upside.
BJ's Wholesale Club posted better-than-expected second-quarter results. CEO Bob Eddy said a big reason was the “value we offer at the pump.
The warehouse club operator posted adjusted EPS of $1.36 in its second quarter, topping analyst expectations of $1.17 a share
The warehouse club chain reported higher second-quarter profit and revenue, as budget-conscious shoppers continued to flock to its stores in search of value
BJ's Wholesale Club Holdings, Inc., together with its subsidiaries, operates membership warehouse clubs on the eastern half of the United States. The company offers groceries, fresh food, general merchandise, gasoline, and other ancillary services. It sells its products through its clubs; the BJs.com website; and its mobile app. The company was formerly known as Beacon Holding Inc. and changed its name to BJ's Wholesale Club Holdings, Inc. in February 2018. BJ's Wholesale Club Holdings, Inc. was founded in 1984 and is headquartered in Marlborough, Massachusetts.
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