UPDATE: Michaels Cos. (MIK) Tops Q3 EPS by 1c, Offers Q4 Guidance

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Go back to UPDATE: Michaels Cos. (MIK) Tops Q3 EPS by 1c, Offers Q4 Guidance

The Michaels Companies Reports Record Third Quarter Sales and Earnings per Share

November 30, 2017 7:00 AM EST

Total net sales increased 1.1% Comparable store sales increased 1.0%, including the negative impact of approximately 80 basis points related to lost sales from hurricanes Operating income of $153.9 million Diluted EPS of $0.44, including the negative impact of approximately $0.01 related to hurricanes

IRVING, Texas--(BUSINESS WIRE)-- The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the third quarter ended October 28, 2017.

We are pleased we delivered third quarter operating income... More