BJ's Wholesale Club Reaches Credit Card Interchange Fees Settlement; Settlement To Result In ~$240M As One-Time Pre-Tax Benefit
https://www.sec.gov/ix?doc=/Archives/edgar/data/1531152/000110465926105906/tm2624998d1_8k.htm
BJ's Wholesale Club won a settlement that gives them about $240 million in extra money one time. This is like finding unexpected cash, which helps their profits right now, but you'd want to watch if their regular business is actually growing stronger on its own.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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