Update: BJ's Wholesale Shares Fall as Fiscal Q1 Adjusted Earnings Decline
(Updates with stock move in headline and first paragraph.)BJ's Wholesale Club shares fell more than 6% in Friday morning trading after fiscal Q1 adjusted earnings declined year over year, even as revenue rose and results beat analysts' estimates.The company reported fiscal Q1 adjusted earnings earlier Friday of $1.10 per diluted share, down from $1.14 a year earlier. Analysts polled by FactSet expected $1.03.Revenue for the quarter ended May 2 was $5.66 billion, up from $5.15 billion a year earlier. Analysts surveyed by FactSet expected $5.44 billion.For fiscal 2026, the company continues to expect adjusted EPS of $4.40 to $4.60. Analysts polled by FactSet expect $4.51.Price: $87.44, Change: $-7.00, Percent Change: -7.41%