Executive Summary
- BJ’s Wholesale Club reported 1Q19 adjusted EPS of $0.39, up 27.1% and beating the consensus estimate $0.37. Revenues were $3.35 billion, up 1.2% but below the $3.39 billion consensus estimate.
- Comp sales excluding gasoline were up 1.6% from last year and in line with the consensus estimate.
- The company maintains FY19 guidance of net sales of $12.9-13.2 billion and a net income of $200-212 million.
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