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Michaels Companies, Inc.  (MIK)
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    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 



EARNINGS REPORT by CSIMarket

Sales and Profits Increased

Michaels Companies, Inc announced third quarter 2018 operating surplus of $137.165 millions

Michaels Companies, Inc reported moderate Sales growth of 2.73 % to $1.27 billions in the third quarter 2018, eps grew by 13.64 % to $0.50 year on year.

Sales improved by 20.96 % from $1.05 billions in preceding period, income eps more than doubled by 233.33 % from $0.15 per share.

Net income of $84 millions in the third quarter 2018 increased by 5.03 % from net earnings of $80 millions reported in the third quarter 2018 a year ago. Although operating margin fell to 10.77%, in the third quarter 2018, the company's net margin actually improved to 6.57%.


Michaels Companies, Inc is expected to report next financial results on March 15, 2019.


    Recently Reported Results
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Michaels Companies, Inc announced third quarter 2018 operating surplus of $137.165 millions

Michaels Companies, Inc reported moderate Sales growth of 2.73 % to $1.27 billions in the third quarter 2018, eps grew by 13.64 % to $0.50 year on year.

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U.S. producer prices dropped by -0.2 %

Wholesale prices fell after recent price increases, mainly due to lower crude petroleum prices.

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Weyerhaeuser Co announced forth quarter operating surplus of $177 millions

Weyerhaeuser Co announced very strong Sales growth of 199.29 % year on year to $5.46 billions in the forth quarter, but slipped into loss at $-0.12.

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Quidel Corp announced forth quarter operating income of $27.538 millions

Quidel Corp announced earnings per share of $0.60 and Sales of $117.40 millions in the forth quarter, Company's earnings turn positive per share, versus $-0.15 eps, earned in the same quarter a year ago, although Quidel Corp saw it's Sales rise by 15.4 % in the same period.

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Selective Insurance Group Inc announced forth quarter operating shortfall of $-1175.915 millions

Eps growth has accelerated in the forth quarter to 48.49 % at $0.76 per share, compare to income growth rates achieved in the same quarter a year ago, while Sales grew by 1.46 % to $643.00 millions.

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Housing starts accelerates

Housing starts increased on the faster pace again, as growth in northeast lifts construction across the board.

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Durable Goods orders rebounded in November

U.S. Durable Goods orders grew again after dipping in the last month, as bookings outgrow production.

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In November factory orders were flat

Bookings remain unchanged in November, but are up over the past 12 months,

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A $698.00 million tax benefit, helped Verizon Communications Inc to post $0.47 eps in the forth quarter

A $698.00 million tax benefit, helped Verizon Communications Inc to post $0.47 eps in the forth quarter

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A $163.00 million tax benefit, helped Nextera Energy Inc to post $0.74 eps in the forth quarter

A $163.00 million tax benefit, helped Nextera Energy Inc to post $0.74 eps in the forth quarter

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Alaska Air Group, Inc announced forth quarter operating surplus of $46 millions

Alaska Air Group, Inc delivered mixed results in the forth quarter, where Sales grew by 5.2 % to $2.06 billions in comparison to $1.96 billions on a year-over-year basis, while income fell sharply by -93.92 % to $0.18 per share, as comparison at $3.04 in the prior year quarter.

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Portland General Electric Co achieved double digit earnings growth on moderate Sales increase in the forth quarter, where income increased by 16.41 % to $0.55 per share, Sales grew modestly by 1.75 % to $524.00 millions from the same quarter a year ago.

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Meritage Homes Corp announced forth quarter operating deficit of $-213.748 millions

In the forth quarter Meritage Homes Corp earnings per share more than doubled by 120.64 % at $1.90 per share, compare to results of $0.86 per share a year ago quarter, In the previous quarter company realized $1.33 per share.

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Other MIK's Earnings Reports

Michaels Companies reported second quarter 2018 earnings

Michaels Companies reported first quarter 2018 earnings

Michaels Companies reported forth quarter 2017 earnings

     
       
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