The Michaels Companies Announces Second Quarter Fiscal 2015 Financial Results

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Michaels Cos. (MIK) Tops Q3 EPS by 1c

August 27, 2015 7:07 AM EDT

Michaels Cos. (NASDAQ: MIK) reported Q3 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $984.3 million versus the consensus estimate of $985.2 million.

Comparable store sales increased by 1.6% or 2.9% on a constant currency basis. Comparable store sales increased... More