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The Michaels Companies, Inc. Common Stock, also called Michaels, is an arts and crafts specialty retailer, which engages in the provision of materials, project ideas, and education for creative activities. Read More It operates through the following segments: Michaels-U.S., Michaels-Canada, Aaron Brothers, Pat Catan's, and Darice. The company was founded by Michael Dupey in 1973 and is headquartered in Irving, TX.
52 Week High
52 Week Low
The Motley FoolMar 20
Michaels Stores Battled Heavy Holiday Headwinds
Arts and crafts retailer Michaels Stores (NASDAQ:MIK) reported fourth-quarter results early Tuesday morning. Year-over-year comparisons were muted by an extra week in the year-ago period, but the company still delivered positive earnings growth. Here's a closer look at Michaels' fourth quarter. Michaels' fourth-quarter results: The raw numbers Metric Q4 2018 Q4 2017 Year-Over-Year Change (Decline) Revenue $1.79 billion $1.89 billion (5.3%) Net Income $181 million $203 million (11%) GAAP earnings per share...
Yahoo FinanceMar 20
Michaels (MIK) Stock Gains 8% on Q4 Earnings & Sales Beat
The Michaels Companies, Inc. MIK reported fourth-quarter fiscal 2018 results, wherein both the top and bottom line outpaced the Zacks Consensus Estimate. Also, earnings improved year over year. With this, the company delivered fourth positive earnings surprise with second consecutive sales beat. However, management’s earnings guidance for first-quarter and fiscal 2019 fell shy of analysts’ expectations. Following the earnings release, shares of this Texas-based company jumped 8.3% on Mar 19. Q4 Number...
The Motley FoolMar 19
Here's Why Shares of Michaels Soared on Tuesday Morning
What happened Shares of arts and crafts retailer Michaels (NASDAQ:MIK) jumped 15% on Tuesday morning as investors decided to focus on better-than-expected quarterly results over guidance that was a bit lighter than anticipated. So what Michaels reported adjusted fiscal fourth-quarter earnings of $1.44 per share on revenue of $1.79 billion, beating expectations for $1.42 per share in earnings on sales of $1.78 billion. But the company also said it expects adjusted first-quarter earnings of between $0.28 a...
$1.42 per share
$1.44 per share