MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — BJ's Wholesale Club Holdings Inc. (BJ) on Thursday reported fiscal fourth-quarter earnings of $122.7 million.
On a per-share basis, the Marlborough, Massachusetts-based company said it had profit of 92 cents. Earnings, adjusted for one-time gains and costs, were 93 cents per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.
The wholesale membership warehouse operator posted revenue of $5.28 billion in the period, which did not meet Street forecasts. Eight analysts surveyed by Zacks expected $5.31 billion.
For the year, the company reported profit of $534.4 million, or $4 per share. Revenue was reported as $20.5 billion.
BJ's expects full-year earnings in the range of $4.10 to $4.30 per share.
BJ's shares have climbed 12% since the beginning of the year. The stock has risen 37% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BJ at https://www.zacks.com/ap/BJ
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