Support 70/71/73, resistance 74.10/75 then unknown because its already at all time high. I would think no higher than 75-78, priced in? I would like to see a call entry closer to 73 and closely see how market is doing.
BJ’s just pumped to 75.99 and this represent a new ATH…
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Raised FY 2022 Guidance: Comparable club sales growth, excluding the impact of gasoline sales, is now expected to be in the 4%-5% range, up from the company’s original guidance of low single digit.
EPS to be in the range of $3.50 to $3.60, up from prior guidance of $3.25 vs. consensus of $3.34.
“Our outlook on the business is strong given the sustained strength in our grocery business and our gains in market share,” said EVP and CFO Laura Felice.
Also, the company reaffirms its target of opening 11 new clubs in FY 2022.