BJ's Wholesale Club (BJ) Tops Q1 EPS by 15c, Revenues Beat
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BJ’s Wholesale Club Holdings, Inc. Announces First Quarter and Fiscal 2021 Results
May 20, 2021 6:45 AM EDTComparable club sales, excluding gasoline sales, decreased by 5.0% year-over-year, reflecting a two-year stacked comp club sales of 22.0% for the first quarter of fiscal 2021. Digitally-enabled sales growth was 31%, reflecting a two-year stacked comp growth of 381% for the first quarter of fiscal 2021. Income from continuing operations decreased 14.8% year-over-year to $81.6 million for the first quarter of fiscal 2021. Adjusted EBITDA increased 4.4% year-over-year to $202.4 million for the first quarter of fiscal 2021. Earnings per diluted share of $0.59 reflect 14.5% year-over-year decline. Adjusted earnings per diluted share of $0.72 reflects 4.3% year-over-year growth. Net cash provided by operating activities... More



