CSS Industries (CSS) Reports Q2 Loss of $0.53, Reaffirms FY 2018 Outlook

CSS Industries (NYSE: CSS) reported Q2 EPS of ($0.53), versus ($0.36) reported last year. Revenue for the quarter came in at $48.3 million, versus $45.32 million reported last year.

The Company is reaffirming its outlook for fiscal 2018 full year net sales and adjusted EBITDA and increasing its outlook for net income. Net sales are expected to be in the range of $345 million to $355 million, an increase of 7 percent to 10 percent over the prior fiscal year. The primary driver of growth will be the full year impact of the McCall acquisition as well as modest organic growth in the craft and celebrations categories.

For earnings history and earnings-related data on CSS Industries (CSS) click here.

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