Earnings release
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BJ's Wholesale Club Holdings , Inc. Announces Third Quarter Fiscal 2021 Results Third Quarter Fiscal 2021 and Recent Highlights Third Quarter Fiscal 2021 Highlights • Board authorizes share repurchase program of up to $ 500 million • Membership size and quality continues to improve ; first - year renewal rates remain at historic levels . • Total comparable sales increased by 13.1 % , reflecting two - year stacked comp of 27.2 % . • Comparable club sales , excluding gasoline sales , increased by 5.7 % , reflecting two - year stacked comp of 24.2 % . • Digitally - enabled sales growth was 44 % , reflecting two - year stacked comp growth of 244 % . • Earnings per diluted share of $ 0.92 reflects a 4.5 % year - over - year increase . Exhibit 99.1 Net cash provided by operating activities was $ 173.9 million and free cash flow was $ 99.2 million . - Westborough , Mass . ( November 18 , 2021 ) – BJ's Wholesale Club Holdings , Inc. ( NYSE : BJ ) ( the " Company " ) today announced its financial results for the thirteen and thirty - nine weeks ended October 30 , 2021 . " We are proud of delivering another strong quarter . " said Bob Eddy , President and Chief Executive Officer , BJ's Wholesale Club . " Our business accelerated during Q3 on broad based strength , and we saw growth in all of our divisions , with acceleration in traffic and ticket , growth in digitally - enabled sales and conventional sales , all underpinned by strong membership statistics in both new and tenured members . Our growth flywheel is spinning faster than it has in a long time , and we look forward to continue building on that momentum . " Key Measures for the Thirteen Weeks Ended October 30 , 2021 ( Third Quarter of Fiscal 2021 ) and for the Thirty - Nine Weeks Ended October 30 , 2021 ( First Nine Months 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 ) 13 Weeks Ended October 30 , 2021 13 Weeks Ended October 31 , 2020 % Growth 39 Weeks Ended October 30 , 2021 39 Weeks Ended October 31 , 2020 % Growth $ 4,172,594 91,493 4,264,087 3,646,723 84,946 14.4 % $ 7.7 % 3,731,669 14.3 % 12,042,830 266,634 12,309,464 $ 11,236,403 247,001 7.2 % 7.9 % 11,483,404 7.2 % 170,156 190,355 ( 10.6 ) % 460,194 497,700 ( 7.5 ) % 126,602 122,883 3.0 % 319,185 325,293 ( 1.9 ) % 228,399 242,209 ( 5.7 ) % 650,949 652,974 ( 0.3 ) % 126,517 122,796 3.0 % 319,084 325,148 ( 1.9 ) % 0.92 0.88 4.5 % 2.31 2.34 ( 1.3 ) % 125,935 128,477 ( 2.0 ) % 338,954 331,753 2.2 % 0.91 0.92 ( 1.1 ) % 2.45 2.39 2.5 % 135,582 136,011 ( 0.3 ) % 135,604 136,269 ( 0.5 ) % 138,005 139,060 ( 0.8 ) % 138,288 139,003 ( 0.5 ) % Basic weighted average shares outstanding Diluted weighted average shares outstanding ( a ) See " Note Regarding Non - GAAP Financial Information . " ( b ) EPS represents earnings per diluted share .