BJ's Wholesale Club beat earnings and revenue estimates, stock gained 31.4% this year.

From Nasdaq: 2024-08-22 07:55:02

BJ’s Wholesale Club (BJ) exceeded expectations with quarterly earnings of $1.09 per share, up from $0.97 a year ago. The company beat revenue estimates, posting $5.21 billion for the quarter. BJ’s stock has gained 31.4% this year. Analysts anticipate a mixed outlook for the company, with a Zacks Rank #3 (Hold).

In comparison, Hooker Furniture (HOFT) in the Consumer Discretionary sector is projected to report a quarterly loss of $0.05 per share, down 171.4% from last year. Revenues are expected to be $96.04 million, a 1.8% decrease from the previous year. The company’s results for July 2024 have yet to be released.

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Read more at Nasdaq: BJ’s Wholesale Club (BJ) Q2 Earnings and Revenues Beat Estimates