BJ’s: Fiscal 3Q Earnings Snapshot
WESTBOROUGH, Mass. (AP) _ BJ’s Wholesale Club Holdings Inc. (BJ) on Tuesday reported fiscal third-quarter profit of $54.4 million.
The Westborough, Massachusetts-based company said it had profit of 39 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.
The wholesale membership warehouse operator posted revenue of $3.22 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $3.17 billion.
BJ’s expects full-year earnings in the range of $1.22 to $1.26 per share, with revenue in the range of $12.65 billion to $12.75 billion.