BJ's Wholesale Club Holdings Inc

BJ: XNYS (USA)
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BJ's Wholesale Earnings: Softer Comparable Sales and Higher Costs Pressure Margin; Shares Still Rich

BJ's Wholesale Club increased third-quarter sales by 4.9% on a 1.8% rise in comparable sales (excluding gas) and a 9.8% increase in membership fee income. However, operating profit fell 4.8% as margin narrowed 40 basis points to 4.1%.

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