The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how large-format grocery & general merchandise retailer stocks fared in Q2, starting with BJ's (NYSE:BJ).
Stocks drifted down from all-time highs after the July PCE inflation reading; the expectation for rate cuts now hinges on next week’s August jobs report
The flood of reports from retail companies tells us a lot about consumer spending. Plus the market is once again buying into meme stocks and SPACs. Is this time different?
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Walmart (NYSE:WMT) and its peers.
BJ's Wholesale Club is well-positioned in a market struggling with headwinds: the company is building leverage and will accelerate growth when headwinds ease.
Membership-only discount retailer BJ’s Wholesale Club (NYSE:BJ) missed Wall Street’s revenue expectations in Q2 CY2025 as sales rose 3.4% year on year to $5.38 billion. Its non-GAAP profit of $1.14 per share was 4.4% above analysts’ consensus estimates.
Shares of membership-only discount retailer BJ’s Wholesale Club (NYSE:BJ)
fell 8.7% in the afternoon session after the company reported second-quarter sales that fell short of expectations, as management cited more cautious consumer behavior.
Membership-only discount retailer BJ’s Wholesale Club (NYSE:BJ) missed Wall Street’s revenue expectations in Q2 CY2025 as sales rose 3.4% year on year to $5.38 billion. Its non-GAAP profit of $1.14 per share was 4.4% above analysts’ consensus estimates.
