BJ's Wholesale Club (BJ) Tops Q3 EPS by 16c; Raises FY Outlook
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BJ’s Wholesale Club Holdings, Inc. Announces Third Quarter Fiscal 2022 Results
November 17, 2022 6:45 AM ESTÂ
Strong comparable sales growth highlights record third quarter
Company raises fiscal year 2022 guidance Â
Third Quarter Fiscal 2022 Highlights
Total comparable club sales increased by 9.7% year-over-year. Comparable club sales, excluding gasoline sales, increased by 5.3% year-over-year. Membership fee income increased by 8.7% year-over-year to $99.5 million. Digitally enabled sales growth was 43.0% year-over-year. Earnings per diluted share of $0.95 reflects a 3.3% year-over-year increase. Adjusted earnings per diluted share of $0.99 reflects a 8.8% year-over-year increase. Cash from operating activities was $173.1 million and free cash... More