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BRIEF-Michaels Companies Q4 Earnings Per Share $1.11
March 22, 2018 / 11:18 AM / a month ago

BRIEF-Michaels Companies Q4 Earnings Per Share $1.11

March 22 (Reuters) - Michaels Companies Inc:

* THE MICHAELS COMPANIES REPORTS RECORD FOURTH QUARTER AND FISCAL 2017 RESULTS

* Q4 ADJUSTED EARNINGS PER SHARE $1.19

* Q4 EARNINGS PER SHARE $1.11

* Q4 SAME STORE SALES ROSE 2.5 PERCENT

* Q4 EARNINGS PER SHARE VIEW $1.19 -- THOMSON REUTERS I/B/E/S

* SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.19 TO $2.32

* SEES Q1 2018 ADJUSTED EARNINGS PER SHARE $0.36 TO $0.38

* SEES FY 2018 SALES $5.217 BILLION TO $5.293 BILLION

* SEES Q1 2018 SALES $1.139 BILLION TO $1.15 BILLION

* Q4 SALES $1.891 BILLION VERSUS I/B/E/S VIEW $1.88 BILLION

* SEES 2018 COMPARABLE STORE SALES TO INCREASE BETWEEN 0% AND 1.5%

* SEES 2018 CAPITAL EXPENDITURES WILL BE BETWEEN $160 MILLION AND $170 MILLION

* SEES Q1 COMPARABLE STORE SALES TO INCREASE 0% TO 1.0% Source text for Eikon: Further company coverage:

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