February 7, 2018 / 9:50 PM / 7 months ago

BRIEF-CSS Industries Reports Q3 Earnings Per Share $0.65

Feb 7 (Reuters) - CSS Industries Inc:

* Q3 SALES $130.6 MILLION VERSUS $117.2 MILLION

* ‍NET SALES ARE NOW EXPECTED TO BE IN RANGE OF $356 MILLION TO $362 MILLION FOR FY18​

* ‍COMPANY EXPECTS TO GENERATE A FULL YEAR NET LOSS OF $9.1 MILLION TO $11.3 MILLION​

* CO’S FY18 NET INCOME WILL BE ADVERSELY IMPACTED BY STEP-UP TO FAIR VALUE OF INVENTORY ACQUIRED AS PART OF SIMPLICITY ACQUISITION​

* ‍ADJUSTED EBITDA FOR FISCAL 2018 IS NOW EXPECTED TO BE IN RANGE OF $23 MILLION TO $26 MILLION​ Source text for Eikon: Further company coverage:

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