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Fly News Breaks for August 29, 2018
BJ
Aug 29, 2018 | 07:10 EDT
Deutsche Bank analyst Mike Baker says BJ's Wholesale's Q2 results were a bit better than expected with margin and profit trends more favorable than sales, which met but didn't beat expectations. The company is in the beginning stages of a turnaround plan that is yielding some early comp momentum and improved profitability, Baker tells investors in a post-earnings research note. He keeps a Buy rating on the shares.
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