Earnings release
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BJ's Wholesale Club Holdings , Inc. Announces Second Quarter Fiscal 2021 Results Company Reports Record Second Quarter Profits Second Quarter Fiscal 2021 Highlights • Membership size and quality continues to improve ; first - year renewal rates remain at historic levels . • Total comparable sales increased by 4.0 % , reflecting two year stacked comp of 21.2 % . • Comparable club sales , excluding gasoline sales , decreased by 3.4 % , reflecting two - year stacked comp of 20.8 % . Exhibit 99.1 Digitally - enabled sales growth was 4 % , reflecting two - year stacked comp growth of 304 % . Members continue to aggressively adopt new services such as curbside pickup . • Consistent , robust performance across categories and geographies . • Earnings per diluted share of $ 0.80 reflects a 5.3 % year - over - year increase . • Adjusted earnings per diluted share of $ 0.82 reflects a 6.5 % year - over - year growth . Net cash provided by operating activities was $ 310.3 million and free cash flow was $ 239.7 million for the second quarter of fiscal 2021 . Westborough , Mass . ( August 19 , 2021 ) - BJ's Wholesale Club Holdings , Inc. ( NYSE : BJ ) ( the " Company " ) today announced its financial results for the thirteen and twenty - six weeks ended July 31 , 2021 . " When I reflect on our impressive performance , it is clear that our progress against our strategic priorities has powered our success . We drove outstanding membership results , expanded our market share and continued to benefit from elevated consumer spending trends , " said Bob Eddy , President and Chief Executive Officer , BJ's Wholesale Club . " I am thankful for our team members ' dedication and excellent execution , which continues to enable our success . We have invested into our team members , the value of our membership , our digital infrastructure and physical footprint to continue to accelerate our growth flywheel . With these investments , we are confident that we are well positioned for long - term success . " Key Measures for the Thirteen Weeks Ended July 31 , 2021 ( Second Quarter of Fiscal 2021 ) and for the Twenty - Six Weeks Ended July 31 , 2021 ( First Half of Fiscal 2021 ) : BJ'S WHOLESALE CLUB HOLDINGS , INC . ( Amounts in thousands , except per share amounts ) Net sales Membership fee income Total revenues Operating income Income from continuing operations Adjusted EBITDA ( a ) Net income EPS ( b ) Adjusted net income ( a ) Adjusted EPS ( a ) Basic weighted average shares outstanding Diluted weighted average shares outstanding $ 13 Weeks Ended July 31 , 2021 4,088,402 88,753 13 Weeks Ended August 1 , 2020 % Growth $ 4,177,155 3,871,640 82,490 3,954,130 5.6 % $ 7.6 % 26 Weeks Ended July 31 , 2021 7,870,236 175,141 $ 26 Weeks Ended August 1 , 2020 7,589,680 % Growth 3.7 % 5.6 % 8,045,377 162,055 7,751,735 8.1 % 3.8 % 163,784 163,595 0.1 % 290,038 307,345 ( 5.6 ) % 110,997 106,668 4.1 % 192,583 202,410 ( 4.9 ) % 220,140 216,850 1.5 % 422,549 410,765 2.9 % 110,988 106,618 4.1 % 192,567 202,352 ( 4.8 ) % 0.80 0.76 5.3 % 1.39 1.46 ( 4.8 ) % 113,324 107,542 5.4 % 213,019 203,276 4.8 % 0.82 0.77 6.5 % 135,521 136,706 ( 0.9 ) % 1.54 135,615 1.46 5.5 % 136,398 ( 0.6 ) % 138,197 139,522 ( 0.9 ) % 138,430 138,975 ( 0.4 ) % ( a ) See " Note Regarding Non - GAAP Financial Information . " ( b ) EPS represents earnings per diluted share .