Michaels Cos. (MIK) Tops Q2 EPS by 2c, Offers Q3 and FY Guidance

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Go back to Michaels Cos. (MIK) Tops Q2 EPS by 2c, Offers Q3 and FY Guidance

The Michaels Companies Announces Second Quarter 2018 Results and Raises Fiscal 2018 EPS Guidance

August 30, 2018 7:00 AM EDT

Comparable Store Sales Decreased 0.4% Net income of $27.5 million, or $0.15 per diluted share Full Year Diluted EPS Guidance raised by $0.10 to $2.29 to $2.42 10.7 Million Shares of Common Stock Repurchased Through Accelerated Stock Repurchase Program

IRVING, Texas--(BUSINESS WIRE)-- The Michaels Companies, Inc. (NASDAQ: MIK) today reported diluted earnings per share for the second quarter of fiscal 2018 of $0.15, one cent above the Companys previously provided guidance.

We delivered second quarter results that were in-line... More