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Costco’s 4Q results exceed estimates

Costco’s 4Q results exceed estimates

ISSAQUAH, Wash. — Costco Wholesale Corp. reported financial results for its 17-week fourth quarter and 53-week fiscal year ended September 3 that featured continued growth but at a slower pace. Shoppers made more trips to its warehouse clubs but spent less per visit, with fewer purchases of big-ticket items, the company announced September 26. Net

Membership gains drive BJ’s earnings

Membership gains drive BJ’s earnings

WESTBOROUGH, Mass. – BJ’s Wholesale Club Holdings Inc. today said strong membership gains drove increased sales and profits in its 2022 fiscal first quarter. BJ’s reported membership-fee income of $96.6 million, an increase of nearly 12% from the previous year. Comparable club sales were up 4.1%. When gasoline sales are included, BJ’s comps were up