Michaels Cos. (MIK) Reports In-Line Q4 EPS, Guidance Misses Views
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The Michaels Companies Reports Record Fourth Quarter and Fiscal 2017 Results
March 22, 2018 7:00 AM EDTFourth quarter total net sales increased 8.0%; comparable store sales increased 2.5% Fourth quarter diluted EPS of $1.11; adjusted diluted EPS of $1.19, excluding one-time charge related to tax reform of $14.6 million Fiscal 2017 total net sales increased 3.2%; comparable store sales increased 0.9% Fiscal year GAAP diluted EPS of $2.10; adjusted diluted EPS of $2.17
IRVING, Texas--(BUSINESS WIRE)-- The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the 14-week fourth quarter and 53-week fiscal year... More
