BJ's Stock Slips as Q1 Comparable Club Sales Come Up Short of Expectations
1. BJ's sales rose 1.6%, missing estimates due to declining gas prices. 2. Revenue reached $5.15 billion, narrowly missing forecasts despite profit beat. 3. CFO maintains full-year guidance, signaling confidence amid challenging retail environment. 4. Membership fee income rose 8% to $120.4 million, supporting revenue. 5. Shares down 2% today but still up nearly 30% year-to-date.