BJ's Wholesale Club (BJ) Tops Q3 EPS by 31c
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BJ’s Wholesale Club Holdings, Inc. Announces Record Third Quarter Fiscal 2020 Results
November 19, 2020 6:45 AM ESTComparable club sales, excluding gasoline sales, increased by 18.5%, including digitally enabled sales growth of approximately 200% for the third quarter of fiscal 2020. Income from continuing operations increased by 122.6% year-over-year to $122.9 million, for the third quarter of fiscal 2020. Adjusted EBITDA increased by 57.1% year-over-year to $242.2 million, for the third quarter of fiscal 2020. Earnings per diluted share of $0.88, reflects a 120.0% year-over-year growth. Adjusted earnings per diluted share of $0.92, reflects 124.4% year-over-year growth. Net cash provided by operating activities was $802.0 million and free cash flow was $675.1 million, for the first nine months of fiscal... More
