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'Market Recap' Week Ending August 23rd, 2019 - Seite 4

BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) reported its second quarter financial results before the opening bell on Thursday. The wholesale retailer reported better-than-expected results and affirmed its guidance, sending shares soaring by 14.4%. For the second quarter, BJ's reported earnings of USD 0.39 per share on revenues of USD 3.35 Billion. Analysts expected earnings of USD 0.37 per share on revenues of USD 3.39 Billion. Comparable club sales for the quarter increased by 1.6% compared to the same quarter a year prior, matching analysts' estimates. As for the remainder of fiscal 2020, BJ's is expecting earnings between USD 1.42 to USD 1.50 per share on revenues of USD 12.9 Billion to USD 13.2 Billion. 

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