BJ's Wholesale Club Q2 EPS $0.97 Beats $0.90 Estimate, Sales $4.96B Miss $5.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
BJ's Wholesale Club reported Q2 earnings of $0.97 per share, beating the analyst consensus estimate of $0.90 by 7.78%. However, the company's quarterly sales of $4.96 billion missed the analyst consensus estimate of $5.15 billion by 3.62%. This represents a 2.75% decrease in sales compared to the same period last year.
August 22, 2023 | 10:45 am
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BJ's Wholesale Club's Q2 earnings beat estimates but sales missed, indicating mixed financial performance.
BJ's Wholesale Club's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. This mixed financial performance could lead to uncertainty in the stock's short-term price movement.
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