Michaels Cos. (MIK) Tops Q4 EPS by 1c

Michaels Cos. (NASDAQ: MIK) reported Q4 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.6 billion.

Comparable store sales increased by 1.4% or 2.2% on a constant currency basis.

Michaels Cos. sees FY2015 EPS of $1.65-$1.71, versus the consensus of $1.71.

Michaels Cos. sees Q1 2015 EPS of $0.31-$0.33, versus the consensus of $0.35.

For earnings history and earnings-related data on Michaels Cos. (MIK) click here.

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