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BJ's Same-store Sales Worse Than Expected In May

Stock quotes in this article: BJ  

NATICK, Mass. (AP) — BJ's Wholesale Club Inc. said Thursday its same-store sales in May fell below analyst expectations, dragged down by the effect of lower gasoline prices.

BJ's said same-store sales fell 6.8 percent. The retailer said excluding lower gasoline prices and sales volume, same-store sales rose 4 percent.

Analysts were expecting a smaller decline of 4.4 percent, said Thomson Reuters. Those estimates include the impact of gasoline sales. Analysts did not offer estimates without gas sales. ...

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