A Season Of Sales Slumps

We’ve heard from many retailers this week, but BJ’s Wholesale topped things off before the bell. 🔔

The membership-based warehouse retailer’s third-quarter same-store sales came in lighter than expected. Excluding gasoline, comparable sales fell 0.1% YoY, with Wall Street looking for a 1% miss. It marks the company’s third straight quarter missing on this metric, with the company saying it’s seeing “shifts in consumer behavior” driven by the macroeconomic environment. 🛒

Read It

More to Read