CSS Industries (CSS) Tops Q4 EPS by 1c, Revenues Beat; Offers FY19 Revenue Outlook

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Go back to CSS Industries (CSS) Tops Q4 EPS by 1c, Revenues Beat; Offers FY19 Revenue Outlook

CSS Industries Reports Fiscal 2018 Full Year and Fourth Quarter Results

May 31, 2018 4:15 PM EDT

Company issues outlook for fiscal 2019 net sales, net income and adjusted EBITDA

Full Year Summary

Net sales of $361.9 million, an increase of 12.2 percent over the prior year, due to acquisitions Net loss of $36.5 million included $27.1 million (net of tax) of non-cash intangible asset impairment charges and $19.4 million (net of tax) of primarily acquisition-related costs Adjusted EBITDA of $24.3 million, down slightly from the prior year Operating cash flow of $31.4 million compared to $14.9 million in the prior year; free cash flow of... More