BJ's Profits Amid Slowing Q2 Sales

Unseasonably cool and rainy weather in the Northeast dampened quarterly sales results for BJ’s Wholesale Club, although profits were hotter than expected, the retailer said.

NATICK, Mass. — Unseasonably cool and rainy weather in the Northeast dampened quarterly sales results for BJ's Wholesale Club here, although profits were hotter than expected, the retailer said yesterday.

BJ's navigated slower consumer spending by making progress in expense control and seeing some gross margin benefit as a result of deflation in some food categories, officials said in a conference call yesterday.

Specifically, BJ's was able to hold prices in deflationar

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