Is BJ's Wholesale Club's Pandemic Boom Over?
Investors weren't thrilled with the latest operating update from BJ's Wholesale Club Holdings (NYSE: BJ). While sales and profits rose in the first quarter, the retailer didn't capture big chunks of market share, as it has in recent quarters. And rising costs ate into profitability.
But management sounded an optimistic tone about BJ's growth potential, even if the next few quarters might feature rocky results.
Let's take a closer look.
Source Fool.com
