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Why BJ's Wholesale Stock Was Heading Lower Today

TheMotleyFool

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Why BJ's Wholesale Stock Was Heading Lower Today: https://g.foolcdn.com/editorial/images/788194/warehouse-wholesaler-shopping-costco-sam_s-club-1200x800-5b2df79.jpg

Shares of BJ's Wholesale Club (NYSE: BJ) were sliding today in response to news of an underwhelming second-quarter earnings report from the warehouse club chain.

While the company topped estimates for the quarter past, guidance called for full-year earnings per share (EPS) to come at the lower end of this guidance.

As a result, the stock was down 6.5% as of 12:46 p.m. ET.

Source Fool.com