BJ's Wholesale Club Posts Better-Than-Expected Earnings, Joins Burlington Stores, Veeva Systems And Other Big Stocks Moving Higher On Thursday

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U.S. stocks were lower, with the Dow Jones falling over 500 points on Thursday.

Shares of BJ’s Wholesale Club Holdings, Inc. BJ rose sharply during Thursday's session after the company reported better-than-expected fourth-quarter financial results.

The company reported a fourth-quarter revenue decline of 1.4% year-on-year to $5.28 billion, beating the analyst consensus estimate of $5.27 billion. Adjusted EPS of 93 cents beat the consensus estimate of 87 cents.

Workday shares jumped 13.1% to $113.15 on Thursday.

Here are some other big stocks recording gains in today's session.

  • Myers Industries, Inc. MYE shares surged 25.3% to $12.20 after the company reported better-than-expected quarterly financial results.
  • LendingTree, Inc. TREE shares jumped 25% to $50.35 after the company reported better-than-expected fourth-quarter financial results.
  • Studio City International Holdings Limited MSC gained 18.6% to $3.2750.
  • America’s Car-Mart, Inc. CRMT rose 16.9% to $44.85 after the company reported upbeat quarterly financial results.
  • John Wiley & Sons, Inc. WLY gained 13.5% to $43.03 following better-than-expected quarterly financial results.
  • Burlington Stores, Inc. BURL rose 9.9% to $260.50 after the company reported better-than-expected fourth-quarter financial results.
  • Veeva Systems Inc. VEEV gained 9% to $239.73 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.
  • Viking Therapeutics, Inc. VKTX rose 6.8% to $29.84.
  • Polaris Inc. PII gained 4.9% to $43.25.

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Got Questions? Ask
Which wholesale stocks could follow BJ's lead?
How might retailers react to BJ's performance?
Which consumer discretionary stocks are gaining momentum?
Are membership-based businesses set for growth?
Could e-commerce companies face pressure from BJ's results?
Which stocks could benefit from rising membership fees?
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Will Veeva Systems inspire confidence in biotechs?
How could Myers Industries affect the manufacturing sector?
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