BJ’s Wholesale Club Pops, Will Costco Be Next?
BJ’s (NYSE: BJ) Wholesale Club Q2 results echo the strength seen in Sam’s Club segment at Walmart (NYSE: WMT). The two membership clubs posted record results driven by rising member counts that are underpinning a robust outlook for the year. Assuming these trends are true across the discount/membership club universe Costco (NYSE: COST) should put…