Shares of BJ's Wholesale Club Holdings, Inc. (BJ) are dropping around 8 percent on Friday morning following the company's first-quarter results announcement, reporting net income of $142.73 million, down from $149.77 million in the previous year.
The company's stock is currently trading at $86.09, down 8.83 percent, over the previous close of $94.43 on the New York Stock Exchange. It has traded between $86.11 and $117.00 in the past one year.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.