BJ's Wholesale Club (BJ) Tops Q2 EPS by 20c, Comps Rise 24.2%
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BJ’s Wholesale Club Holdings, Inc. Announces Record Second Quarter Fiscal 2020 Results
August 20, 2020 6:45 AM EDTComparable club sales, excluding gasoline sales, increased by 24.2%, including digitally enabled sales growth of over 300% for the second quarter of fiscal 2020. Income from continuing operations increased by 96.5% year-over-year to $106.7 million, for the second quarter of fiscal 2020. Adjusted EBITDA increased by 41.6% year-over-year to $216.9 million, for the second quarter of fiscal 2020. Earnings per diluted share of $0.76, reflects a 94.9% year-over-year growth. Adjusted earnings per diluted share of $0.77, reflects 97.4% year-over-year growth. Net cash provided by operating activities was $733.7 million and free cash flow was $654.8 million, for the first half of fiscal 2020. Company... More
