Shares of BJ's Wholesale Club Holdings Inc. $(BJ)$ are up 0.4% in premarket trades after the membership-based warehouse retailer maintained its full-year guidance, despite fiscal first-quarter revenue and comparable sales that missed Wall Street's expectations.
BJ's adjusted first-quarter profit of $1.14 a share beat the FactSet consensus estimate of 92 cents a share.
Revenue rose to $5.15 billion from $4.92 billion in the same period last year, just below the analyst revenue estimate of $5.19 billion.
Total comparable club sales increased 1.6%, below the FactSet consensus estimate of 3.6%.
However, BJ's maintained its full-year guidance for adjusted earnings in the range of $4.10 to $4.30 a share and comparable club sales, excluding the impact of gasoline sales, to increase 2% to 3.5%.
(This is a developing news story with updates to come.)
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May 22, 2025 07:09 ET (11:09 GMT)
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