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Why BJ's Wholesale Club Stock Was Surging Today

TheMotleyFool

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Why BJ's Wholesale Club Stock Was Surging Today

Shares of BJ's Wholesale Club (NYSE: BJ) were surging higher in early trading on Thursday, after the company reported record first-quarter earnings for 2020. As of 11:00 a.m. EDT today, the stock was trading 13% higher and still climbing.

Among the numbers dazzling investors is BJ's astounding comparable-store sales growth of 20%, as the COVID-19 pandemic motivated shoppers to pack their pantries.