Why BJ's Wholesale Club Stock Jumped This Week
BJ's Wholesale Club Holdings (NYSE: BJ) investors beat the market this week as the stock gained 10% through Thursday trading compared to a 0.2% drop in the S&P 500, according to S&P Global Market Intelligence. The company also avoided the profit pitfalls that have hurt the likes of Walmart and Target. Instead, BJ's operating profit margin held steady even as Walmart and Target both reported declines.