Laura Sen

Gas drives Costco, BJ's Wholesale February sales

CHICAGO (Reuters) - February sales at Costco Wholesale Corp <COST.O> and BJ's Wholesale Club Inc <BJ.N> surpassed Wall Street's expectations, as members drove in for deals on gasoline and stayed to do more of their shopping.
 

BJ's Wholesale 3Q net income up; raises guidance

BJ's Wholesale Club 3Q net income up on margins and expense control, company raises guidance. BJ's Wholesale Club Inc. said Wednesday that better profit margins and cost controls helped the warehouse club operator deliver third-quarter earnings that beat expectations.
 

BJ's Wholesale Club 1Q net income up on gas sales

BJ's Wholesale Club 1st-quarter net income rises partly on gasoline sales. - BJ's Wholesale Club Inc. said Wednesday that improved sales of food, clothing and gasoline helped send its first-quarter net income up 7 percent.
 

BJ's CEO Sen's pay valued at $4.9 million

BJ's Wholesale Club CEO compensation valued at $4.9 million in first year. An Associated Press calculation shows BJ's Wholesale Club Inc. CEO Laura Sen received compensation worth $4.9 million in 2009.
 

Wholesale clubs grow as supermarkets slide

Whoelesale club operators see steady but modest gains against grocers. PORTLAND, Ore. ? A steady stream of shoppers looking for deals on necessities has helped wholesale club operators Costco Wholesale Corp. and BJ's Wholesale Club Inc. deliver profit gains while many of their grocery competitors struggle.
 

Costco, BJ's miss profit estimates, Big Lots beats

SAN FRANCISCO/NEW YORK (Reuters) - A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp <COST.O>, while BJ's Wholesale Club Inc<BJ.N> faced pricing pressure from rival supermarket chains.
 

BJ's Wholesale Club 4Q profit, sales climb

BJ's Wholesale Club 4th-quarter profit increases; sales rise on higher gas prices. BJ's Wholesale Club Inc. said Wednesday that its fiscal fourth-quarter profit climbed 5 percent and higher gasoline prices led to increased revenue.
 

BJ's Wholesale profit off 37 percent, hurt by charge

SAN FRANCISCO (Reuters) - BJ's Wholesale Club Inc <BJ.N> reported a 37 percent drop in quarterly profit on Wednesday, hurt by a charge for a proposed legal settlement regarding worker pay.
 

BJ's Wholesale 2Q profit drops but beats estimates

BJ's Wholesale Club 2nd-quarter profit slips but beats estimates; sales fall with gas prices. BJ's Wholesale Club said Wednesday that wet weather, food deflation and weak consumer spending hurt its second-quarter results, but the warehouse club chain beat analysts' estimates and raised its full-year profit outlook.
 

BJ's Wholesale profit falls but beats Wall St view

SAN FRANCISCO (Reuters) - BJ's Wholesale Club <BJ.N> reported a smaller-than-expected decline in quarterly profit on Wednesday and raised its full-year profit outlook, helped by improved margins and expense controls.