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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

Deterioration in Earnings, Sales Down Slightly


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Michaels Companies, Inc announced second quarter 2018 operating profit of $74.273 millions



Michaels Companies, Inc announced disappointing results, eps deteriorated by -21.05 % to $0.15 from $0.19 and Sales declined by -1.8 % to $1.05 billions in the second quarter 2018, year on year.

From preceding quarter, eps remained unchanged from $0.15 per share and Sales deteriorated by -8.85 % from $1.16 billions.

Net income of $27 millions in the second quarter 2018 fell by -22.7 % from $36 millions in the corresponding period a year before. Looking further into second quarter 2018 Michaels Companies, Inc's profitability, operating margin mitigated to 7.05%, and net margin shrank to 2.61%.


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

Michaels Companies reported first quarter 2018 earnings

Michaels Companies reported forth quarter 2017 earnings

Michaels Companies reported third quarter 2017 earnings

     
       
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