MW BJ's Wholesale bucks the trend by providing an in-line outlook. The stock gains.
Shares of BJ's Wholesale Club Holdings Inc. $(BJ)$ rallied 1.8% in premarket trading Thursday, after the membership-based warehouse retailer beat expectations for all three key fourth-quarter earnings metrics, and differentiated itself by providing a mostly in-line full-year outlook.
Adjusted earnings per share for the quarter to Feb.1 fell to 93 cents from $1.11 a year ago but was above the FactSet consensus of 88 cents. And total revenue was down 1.5% to $5.28 billion, just above analyst forecasts of $5.27 billion, while comparable-club sales climbed 4.6% to beat expectations of 3.1% growth.
For the full fiscal year through Jan. 31, 2026, the company expects adjusted EPS of $4.10 to $4.30, which surrounds the FactSet consensus of $4.28, while the guidance range for comparable-club sales growth of 2% to 3.5% also surrounds expectations for a 2.9%.
One of the prevailing themes of the latest earnings-reporting season for consumer-facing companies has been to beat quarterly results but provide downbeat outlooks.
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-Tomi Kilgore
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March 06, 2025 06:55 ET (11:55 GMT)
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