BJ's Wholesale Club (BJ) Tops Q1 EPS by 35c, Revenues Beat
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BJ’s Wholesale Club Holdings, Inc. Announces Record First Quarter Fiscal 2020 Results
May 21, 2020 6:45 AM EDTComparable club sales, excluding gasoline sales, increased by 27.0%, including digitally enabled sales growth of 350% for the first quarter of fiscal 2020. Income from continuing operations increased by 165.3% year-over-year to $95.7 million, for the first quarter of fiscal 2020. Adjusted EBITDA increased by 56.3% year-over-year to $193.9 million, for the first quarter of fiscal 2020. Earnings per diluted share of $0.69, reflects a 176.0% year-over-year growth. Adjusted earnings per diluted share of $0.69, reflects 165.4% year-over-year growth. Net cash provided by operating activities was $469.9 million and free cash flow was $434.7 million, for the first quarter of fiscal 2020. Company recognizes... More
