News Summary

Shares of BJ's Wholesale Club Inc BJ gained about 0.25% after the company reported its Q4 net income at $10.2 million, or $0.19 per share, versus $54.5 million, or $1 per share, in the year-ago quarter. The company's adjusted net income came in at $0.95 per share. BJ's revenue increased 7% to $2.9 billion. However, analysts were expecting earnings at $0.92 per share on revenue of $2.9 billion. BJ's same-store sales increased 2.4% in February, excluding gasoline. BJ's projected Q1 earnings of $0.54 to $0.58 per share and 2011 earnings of $2.62 to $2.82 per share. However, analysts expected Q1 earnings of $0.52 per share and 2011 earnings of $2.85 per share. Shares of Staples Inc SPLS gained about 0.14% after the retailer's FQ4 net profit increased 17% y/y to $274.7 million, or $0.38 per share. The company's adjusted earnings came in at $0.39 per share. SPLS reported revenue at $6.42 billion, versus $6.41 billion, in the year-ago period. However, analysts expected SPLS to report its earnings at $0.41 per share on revenue of $6.46 billion. For the current fiscal year, SPLS projected earnings between $1.50 and $1.60 per share. However, analysts were forecasting earnings of $1.55 per share for the year. Shares of Costco Wholesale Corp COST fell about 0.4% after the retailer's FQ2 net income increased 16% and comparable sales increased 7%. COST reported its earnings at $348 million, or $0.79 per share. However, analysts were expecting earnings of $0.79 per share. Read more from Benzinga's Markets.