Aug 21, 2026 · 6 min
Discount retailers raise outlooks while crypto stocks surge on Bitcoin rally
BJ's Beats; Ross Stores Shares Rise; Cryptocurrency-Linked Stocks Climb
The latest market shifts highlight a stark divergence between thriving discount retailers, struggling staple brands, and a surging cryptocurrency sector.
- 1BJ's Wholesale Club and Ross Stores raised their full-year guidance due to robust demand from value-seeking shoppers.
- 2Flowers Foods cut its fiscal outlook as strained household budgets directly impacted sales of household staples.
- 3MicroStrategy led a rally in cryptocurrency-linked stocks following the strongest weekly performance for Bitcoin in two years.
The brief
Retail earnings reveal a divided consumer as discount giants BJ's Wholesale Club and Ross Stores raise their full-year outlooks, capitalizing on budget-conscious shoppers seeking maximum value.
While discount retail thrives, packaged food producers like Flowers Foods are feeling the squeeze, cutting their fiscal guidance as pressured household budgets force shoppers to pull back.
In the financial markets, cryptocurrency-linked equities are experiencing a massive surge, led by MicroStrategy as Bitcoin posts its strongest weekly performance in over two years.
What was said on this episode
9 statements · 7 positive · 2 negative
BJ's raised its full-year adjusted earnings outlook to $4.60–$4.80 per share.
“the company's raising its full year adjusted earnings outlook to $4.60 a share to $4.80 a share”
Listen at 1:06
BJ's recorded a record 8.5 million members.
“the company recorded a record 8.5 million members”
Listen at 1:22
Ross Stores shares rose 8.8% in premarket trading.
“Those shares are up 8.8percent in the pre market”
Listen at 1:54
Ross Stores raised full-year earnings guidance above $8.60 per share.
“The company is raising its full year earnings guidance to above $8.60 per share.”
Listen at 2:09
Bitcoin rose another 7% that morning.
“Bitcoin up another 7% this morning”
Listen at 2:44
Strategy shares followed crypto optimism after Trump's Clarity Act call.
“Strategy following along optimism in the space building after Trump called for Congress to pass the Clarity act”
Listen at 2:58
Coinbase shares rose 5% in premarket trading.
“companies like coinbase, which is up 5% in the pre market following suit”
Listen at 3:29
Flowers Foods shares fell nearly 4% in premarket trading.
“shares of Flowers Food, which trades undertaker Flo, are down nearly 4% in the pre market”
Listen at 3:51
Flowers Foods cut its fiscal-year outlook.
“the company cuts its fiscal year outlook”
Listen at 3:58
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Featuring
BJ's Wholesale Club
MicroStrategy
Flowers FoodsListen to the full episode and explore every guest, topic, and moment on PodLume.