BJ's Outlook Conservative

Recent performance notwithstanding, BJ's Wholesale Club isn't cuddling up to economic turmoil. The warehouse club retailer last week acknowledged that worsening economic conditions during the fiscal first quarter sparked robust sales and earnings, but cited the same uncertain economy for a upgrade in its outlook for the year. We think we are going to do very well, all things considered,

NATICK, Mass. — Recent performance notwithstanding, BJ's Wholesale Club isn't cuddling up to economic turmoil.

The warehouse club retailer last week acknowledged that worsening economic conditions during the fiscal first quarter sparked robust sales and earnings, but cited the same uncertain economy for a “cautious” upgrade in its outlook for the year.

“We think we are going to do very well, all things considered,” Herb Zarkin, chief executive officer, said in a confere

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