Walmart vs BJ’s Wholesale Stock: Why Investors Still Favor the Pricier Retail Bet
Walmart shares fell 0.7% and BJ’s dropped 1.3% by 10:10 a.m. EDT Monday amid a broad Wall Street selloff. Walmart’s quarterly revenue rose 5.6% and operating income jumped 10.8%, while BJ’s matched the revenue increase but saw operating income slip 0.2%. Walmart trades at a price-to-earnings ratio of about 35, compared to BJ’s 20 and Costco’s 48.