BJ’s Posts Jump in 4th-Quarter Profits

BJ’s Wholesale Club yesterday reported a sharp rise in fourth-quarter net income, citing strong sales of high-margin items such as perishables.

NATICK, Mass. — BJ’s Wholesale Club here yesterday reported a sharp rise in fourth-quarter net income, citing strong sales of high-margin items such as perishables. Net income for the quarter, which ended Feb. 2, totaled $50.2 million, vs. $11.9 million in the year-ago period. Sales for the fourth quarter, which included one less week than the preceding year, were up 1.9%, to $2.4 billion. Comparable-store sales, adjusted for the extra week, were up 5.4% in the fourth quarter, including a bum

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