Bj's Wholesale Club — Q3 2018 Earnings Presentation

4 slides from Bj's Wholesale Club's earnings presentation, Nov 20, 2018

Slide 1: Q3 FY2018 Reconciliation of GAAP to Non-GAAP Financial Measures
Q3 FY2018 Reconciliation of GAAP to Non- GAAP Financial Measures
Slide 2: Free Cash Flow
Free Cash Flow We present free cash flow, which is not a recognized financial measure under GAAP, because we use it to report to our board of directors and we believe it assists investors and analysts in evaluating our liquidity. Free cash flow should not be considered as an alternative to cash flow
Slide 3: Net Debt and Net Debt Leverage Ratio
Net Debt and Net Debt Leverage Ratio We present net debt and the net debt leverage ratio, which are not a recognized as financial measures under GAAP, because we use them to report to our board of directors and we believe they assist investors and analysts in evaluating our borrowing capacity. Net d
Slide 4: Net Debt and Net Debt Leverage Ratio
Net Debt and Net Debt Leverage Ratio (Amounts in thousands) (Unaudited) As of November 3, 2018 Total Debt $ 1,938,783 Less: Cash and cash equivalents 31,502 Net Debt $ 1,907,281 Twelve Months Ended November 3, 2018 Income (loss) from continuning operations $ 131,453 Interest expense, net 184,300 Ben