BJ's Wholesale Club (BJ) Tops Q2 EPS by 2c, Revenues Miss; Maintains FY19 EPS Mid-Point Guidance Below Consensus, FY19 Revenue Guidance Below Consensus

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BJ’s Wholesale Club Holdings, Inc. Announces Second Quarter Fiscal 2019 Results

August 22, 2019 6:45 AM EDT

Maintains Outlook for Fiscal 2019

Net sales for the second quarter of fiscal 2019 increased 1.1% to $3.3 billion, compared to the second quarter of fiscal 2018. Comparable club sales excluding gasoline sales increased 1.6% for the second quarter of fiscal 2019, compared to the second quarter of fiscal 2018. Income from continuing operations of $54.3 million for the second fiscal quarter of 2019, compared to a loss from continuing operations of $5.5 million in the second quarter of fiscal 2018. Second quarter of fiscal 2019 adjusted EBITDA of $153.2 million reflecting a 7.1% increase over the second quarter of fiscal... More