BJ's Wholesale Club (BJ) Reports In-Line Q4 EPS, Offers FY Guidance

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Go back to BJ's Wholesale Club (BJ) Reports In-Line Q4 EPS, Offers FY Guidance

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

March 5, 2020 6:45 AM EST

Provides Outlook for Fiscal 2020 and Launches Project Momentum

Net sales increased by 1.5% for the fourth quarter of fiscal 2019 to $3.4 billion and by 1.3% to $12.9 billion for fiscal 2019. Comparable club sales, excluding gasoline sales, increased by 0.3% for the fourth quarter of fiscal 2019 and 1.3% for fiscal 2019. Net income was $187.2 million, or $1.35 per diluted share for fiscal 2019, reflecting 29% year-over-year growth. Adjusted net income was $203.4 million, or $1.46 per diluted share, for fiscal 2019, reflecting 10% year-over-year growth.

WESTBOROUGH, Mass.--(BUSINESS WIRE)-- BJs Wholesale Club Holdings, Inc. (NYSE:... More