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

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

The Michaels Companies Announces Record Fourth Quarter and Fiscal 2014 Financial Results

March 19, 2015 7:00 AM EDT

Fourth quarter total net sales increased 3.4% to $1.6 billion Fourth quarter operating income increased 6.5% to $294 million; diluted EPS increased to $0.75 Provides Fiscal 2015 fully diluted EPS guidance of $1.65 - $1.71

IRVING, Texas, March 19, 2015 (GLOBE NEWSWIRE) -- The Michaels Companies, Inc. (Nasdaq: MIK) today announced record financial results for the quarter and fiscal year ended January 31, 2015.

Chuck Rubin, Chief Executive Officer, stated, "I am very pleased with our fourth quarter results, which reflect continued strong execution of our multi-year strategy. Our Holiday presentation leveraged the learnings from our... More