BJs Wholesale Club (NYSE:BJ) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.42-1.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.47. The company issued revenue guidance of $12.9-13.2 billion, compared to the consensus revenue estimate of $13.37 billion.BJs Wholesale Club also updated its FY 2020 guidance to $1.42-1.50 EPS.
BJs Wholesale Club stock opened at $25.08 on Friday. BJs Wholesale Club has a 52-week low of $19.31 and a 52-week high of $32.92.
BJs Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Wednesday, March 6th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.08. The business had revenue of $3.34 billion during the quarter, compared to analyst estimates of $3.36 billion. BJs Wholesale Club’s quarterly revenue was down 4.2% compared to the same quarter last year. Analysts forecast that BJs Wholesale Club will post 1.46 EPS for the current fiscal year.
In other BJs Wholesale Club news, SVP William C. Werner sold 40,000 shares of the stock in a transaction on Tuesday, January 22nd. The shares were sold at an average price of $24.96, for a total transaction of $998,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Graham Luce sold 23,239 shares of the stock in a transaction on Thursday, January 10th. The shares were sold at an average price of $24.00, for a total transaction of $557,736.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 524,319 shares of company stock valued at $13,338,091.
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About BJs Wholesale Club
BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.
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