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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

Sharp drop in EPS, Sales Down Slightly


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Michaels Companies, Inc announced first quarter 2018 operating surplus of $78.943 millions



Michaels Companies, Inc relized deterioration in earnings per share by -60.53 % to $0.15 and Sales decrease by -0.26 % to $1.16 billions in the first quarter 2018, year on year.

From preceding quarter, eps dropped from $1.12 per share and Sales Tumbled by -38.88 % from $1.89 billions.

Net income of $27 millions in the first quarter 2018 fell by -62.77 % from $72 millions in the corresponding period a year before. Looking further into first quarter 2018 Michaels Companies, Inc's profitability, operating margin mitigated to 6.83%, and net margin shrank to 2.33%.


Michaels Companies, Inc is expected to report next financial results on September 07, 2018.
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Other MIK's Earnings Reports

Michaels Companies reported forth quarter 2017 earnings

Michaels Companies reported third quarter 2017 earnings

Michaels Companies reported second quarter 2017 earnings

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