BJ's Stems Profit Erosion Amid Slowing Sales in Q2

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 last week. 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

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 last week.

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 last week. Specifically, BJ's was able to hold prices in deflationary catego

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