Why BJ Wholesale shares fell today
Shares of BJ’s Wholesale Association (NYSE: BJ) were down today in response to news of a disappointing second-quarter earnings report from the wholesale club chain. While the company beat estimates for the past quarter, forecasters expected earnings per share (EPS)…
Comparable sales are turning red – what now?
McDonald’s (MCD) shares have fallen 7.4% year-to-date, largely due to ongoing bearish sentiment sustained by declining comparable sales, which even dipped into negative territory in the company’s recent second-quarter results. This, in turn, is largely due to broader industry trends…
