Michaels Cos. (MIK) Tops Q2 EPS by 2c, Offers Q3 and FY Guidance
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The Michaels Companies Announces Second Quarter 2018 Results and Raises Fiscal 2018 EPS Guidance
August 30, 2018 7:00 AM EDTComparable 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
