Edition:
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Michaels Companies Q3 earnings per common share $0.37


Tuesday, 6 Dec 2016 07:00am EST 

Michaels Companies Inc : Qtrly diluted earnings per common share was $0.37 . Sees 2016 comparable store sales to be approximately flat . Sees adjusted diluted earnings per common share of $0.94 to $0.98 for Q4 . Capital expenditures of between $115 million and $125 million for fy 2016 . Fy2016 earnings per share view $1.71, revenue view $4.88 billion -- Thomson Reuters I/B/E/S . Qtrly net sales increased 5.0% to $1.227 billion, from $1.168 billion in Q3 of fiscal 2015 . Adjusted diluted earnings per common share for q3 was $0.40 . Sees 2016 total net sales growth, including revenues from lamrite west, of 5.8% to 6.2% . Adjusted diluted earnings per common share to be between $1.86 and $1.90 for fy 2016 . Q3 earnings per share view $0.43, revenue view $1.26 billion -- Thomson Reuters I/B/E/S . The michaels companies announces third quarter fiscal 2016 financial results and increase of share repurchase program . Q3 same store sales fell 2 percent .Sees fy 2016 adjusted earnings per share $1.86 to $1.90.