The Michaels Companies To Close Pat Catan’S Arts & Craft Stores In Fourth Quarter Of Fiscal 2018 [Reuters]
THE MICHAELS COMPANIES (MIK)
Last the michaels companies earnings: 3/17 07:00 am
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Source: Reuters
Michaels Companies Inc (MIK.OQ) Key Developments | Reuters.com March 19 (Reuters) - Michaels Companies Inc ::THE MICHAELS COMPANIES REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.44.Q4 EARNINGS PER SHARE $1.15.Q4 SALES $1.789 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.78 BILLION.Q4 SAME STORE SALES FELL 0.4 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $1.42 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.34 TO $2.46.SEES Q1 2019 ADJUSTED EARNINGS PER SHARE $0.28 TO $0.33.SEES FY 2019 SALES $5.19 BILLION TO $5.24 BILLION.Q4 COMPARABLE STORE SALES DECREASED 0.4%.FOR FISCAL 2019, COMPANY EXPECTS COMPARABLE STORE SALES TO INCREASE BETWEEN 0% AND 1%.SEES FY 2019 CAPITAL EXPENDITURES TO BE APPROXIMATELY $135 MILLION.FOR Q1 OF FISCAL 2019, COMPANY EXPECTS COMPARABLE STORE SALES WILL DECREASE IN LOW-SINGLE-DIGIT RANGE. Full Article Jan 30 (Reuters) - Michaels Companies Inc ::THE MICHAELS COMPANIES TO CLOSE PAT CATAN’S ARTS & CRAFT
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