BJ’s Wholesale Club Holdings Inc. BJ -0.76% shares fell 1.9% to a four-month-low in premarket trade Tuesday after the membership-based retailer reported fiscal first quarter profit that met expectations, but revenue that was below estimates. The net income for the first quarter ended April 29, which was $116.1m, or 85c per share, was up from $112.5m, or 82c per share, the previous year. FactSet’s consensus was 85 cents per share. The revenue grew by 5.0%, to $4.72 Billion, but fell short of the FactSet consensus, which was $4.82 Billion, due to a 5.7% growth in same-store sales, which missed expectations for a 6.1% increase. Laura Felice, Chief Financial Officer said that “our fiscal 2023 outlook for our business remains unchanged due to the continued strength of our grocery business and gains in market shares.” Early in March, the company stated that it expected fiscal 2023 earnings per share to remain flat or slightly higher and same-store sales to increase by 4% to 5%. Stock has gained 5.2% in the past year, up to Monday. The S&P 500 Spx, +0.02% is up 9.2%.