BJ's Wholesale Club Holdings Inc

BJ: XNYS (USA)
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BJ's Wholesale Earnings: Softening Top-Line Growth on Consumer Caution, but Shares Remain Expensive

BJ's Wholesale grew second-quarter sales by 3.4% on a 2.3% rise in comparable sales (excluding gas) and a 9% increase in membership fee income. Operating margin widened 10 basis points to 4.0%, and adjusted earnings per share grew 4.6% to $1.14.

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