BJ's Wholesale Q3 Earnings Top, FY24 View Up, Membership Hike Ahead
BJBJ’s Wholesale Club (BJ) ZACKS·2024-11-23 05:01

BJ’s Wholesale Club Holdings, Inc. (BJ) reported its third-quarter fiscal 2024 results, showcasing mixed performance. While revenues fell short of the Zacks Consensus Estimate, earnings surpassed expectations. Both metrics improved year over year, supported by decent comparable club sales growth.The Marlborough, MA-based company achieved a significant milestone by growing its membership base to 7.5 million members and announced its first membership fee hike in seven years. BJ’s unveiled a new $1 billion sha ...