US stocks rise, Dow gains over 350 points as markets open Friday; Materials sector up 2%, utilities down 0.3%. BJ's Wholesale Club beats earnings expectations and raises guidance.
BJ's Wholesale Club beat Q2 with EPS $1.36 (vs. $1.17), revenue $6.227B (vs. $5.957B), raising FY2026 guidance to $4.60-$4.80. Consumer retail resilience signals stable IT budget environment for enterprise tech vendors through 2026.
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 350 points on Friday.
Following the market opening Friday, the Dow traded up 0.67% to 53,113.67 while the NASDAQ rose 0.06% to 26,082.46. The S&P 500 also rose, gaining, 0.32% to 7,663.85.
Leading and Lagging Sectors
Materials shares jumped by 2% on Friday.
In trading on Friday, utilities stocks fell by 0.3%.
BJ's Wholesale Revenue Rises on Membership Growth
BJ's Wholesale CEO notes uneven spending: affluent shoppers drive gains, Texas expansion thrives, while middle and lower-income…
BJ's Wholesale Revenue Rises on Membership Growth
BJ’s Wholesale beats Q2 FY26 estimates as revenue rises 15.7% to $6.23B. Adjusted EPS reaches $1.36 and full-year guidance is…
BJ's Wholesale Revenue Rises on Membership Growth
BJ's Wholesale Club (NYSE: BJ) will release Q1 earnings on May 22. Analysts expect $1.04 EPS and $5.43B revenue. Stock fell 2.4%…
