Michaels Cos. (MIK) Tops Q3 EPS by 4c, Offers FY Guidance

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Go back to Michaels Cos. (MIK) Tops Q3 EPS by 4c, Offers FY Guidance

The Michaels Companies Announces Third Quarter 2018 Financial Results

December 6, 2018 7:00 AM EST

Comparable Store Sales Increased 3.8%, or 4.3% on a constant currency basis Net income increased 5.0% to $83.8 million, or $0.50 per diluted share; adjusted net income of $79.8 million, or $0.48 per diluted share Management updates fiscal 2018 adjusted earnings per diluted share guidance to $2.35 to $2.39 from $2.29 to $2.42

IRVING, Texas--(BUSINESS WIRE)-- The Michaels Companies, Inc. (NASDAQ: MIK) today reported diluted earnings per share for the third quarter of fiscal 2018 of $0.50, an increase of 13.6% compared to $0.44 per diluted share in the... More