Wage Settlement Sinks BJ’s Q3 Earnings

An $11.7 million settlement with workers over a wage-and-hour lawsuit contributed to a 37% drop in quarterly net income for BJ’s Wholesale Club, the retailer said Wednesday.

NATICK, Mass. — An $11.7 million settlement with workers over a wage-and-hour lawsuit contributed to a 37% drop in quarterly net income for BJ’s Wholesale Club, the retailer said Wednesday.

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