MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — BJ’s Wholesale Club Holdings Inc. (BJ) on Friday reported fiscal second-quarter profit of $150.7 million.
The Marlborough, Massachusetts-based company said it had profit of $1.14 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The wholesale membership warehouse operator posted revenue of $5.38 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $5.46 billion.
BJ’s expects full-year earnings in the range of $4.20 to $4.35 per share.
BJ’s shares have climbed 19% since the beginning of the year. The stock has increased 21% in the last 12 months.
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