MIK - The Michaels Companies, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.63
+0.14 (+1.65%)
At close: 4:00PM EDT

8.62 -0.01 (-0.12%)
After hours: 6:21PM EDT

Stock chart is not supported by your current browser
Previous Close8.49
Open8.51
Bid8.62 x 4000
Ask8.62 x 800
Day's Range8.41 - 8.74
52 Week Range7.78 - 21.11
Volume1,934,249
Avg. Volume2,546,695
Market Cap1.365B
Beta (3Y Monthly)1.29
PE Ratio (TTM)4.32
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wire5 days ago

    The Michaels Companies, Inc. Announces Pricing of Senior Notes

    The Michaels Companies, Inc. (MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), priced its offering of $500 million in aggregate principal amount of Senior Notes due 2027 (the “Notes”). The Issuer intends to use the net proceeds from the offering, together with cash on hand, to redeem its existing 5.875% Senior Subordinated Notes due 2020. The offering is expected to close on or about July 8, 2019, subject to customary closing conditions.

  • Business Wire9 days ago

    The Michaels Companies, Inc. Announces Offering of Senior Notes

    The Michaels Companies, Inc. (MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), intends to offer $500 million in aggregate principal amount of Senior Notes due 2027 (the “Notes”). The Issuer intends to use the net proceeds from the offering, together with cash on hand, to redeem its existing 5.875% Senior Subordinated Notes due 2020. The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Act”), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and other applicable securities laws.

  • ACCESSWIRE20 days ago

    Michaels Cos., Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / June 6, 2019 / Michaels Cos., Inc. (NASDAQ: MIK ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on June 6, 2019 at 9:00 AM Eastern ...

  • Business Wire20 days ago

    The Michaels Companies Announces First Quarter 2019 Results in Line with Previously Provided Guidance

    IRVING, Texas-- -- Comparable store sales decreased 2.9% Operating income of $92.7 million; adjusted operating income of $101.4 million Diluted EPS of $0.24; adjusted diluted EPS of $0.31 Updates FY19 Guidance to reflect 25% tariffs The Michaels Companies, Inc. today reported diluted earnings per share for the first quarter of fiscal 2019 of $0.24, or $0.31 per adjusted diluted share excluding a charge ...

  • Michaels Partners with Cricut to Exclusively Launch the Cricut Infusible Ink™ System Which Brings Professional Level Personalization to the Home
    Business Wire22 days ago

    Michaels Partners with Cricut to Exclusively Launch the Cricut Infusible Ink™ System Which Brings Professional Level Personalization to the Home

    The Michaels Companies, Inc. (MIK) today with Cricut, Inc. announce the upcoming availability of Infusible Ink™, an all-new system of Cricut products that brings commercial-level, permanent heat-transfer effects to the consumer do-it-yourself (DIY) space. The Infusible Ink system makes it possible to create a variety of professional-level, richly colored, personalized heat transfer projects right at home. The new family of products will be exclusively available only at Michaels starting Friday, June 21 through October 1, 2019.

  • Business Wirelast month

    The Michaels Companies to Report First Quarter 2019 Results on June 6, 2019

    The Michaels Companies, Inc. (MIK) today announced that the Company plans to report first quarter sales and earnings results on Thursday, June 6, 2019, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Thursday, June 6, 2019, to discuss its financial and operational results. Investors who would like to join the conference call are encouraged to pre-register for the conference call using the following link: http://dpregister.com/10130926.

  • Michaels Expands Custom Frame Solutions for Customizing Photos and Art Like Never Before
    Business Wire2 months ago

    Michaels Expands Custom Frame Solutions for Customizing Photos and Art Like Never Before

    The Michaels Companies, Inc. (MIK), the largest arts and crafts retail chain in North America, today unveils new custom framing capabilities designed to deliver a more convenient customer experience when customizing photos and artwork, both online and in-store nationwide. Additionally, more than 150 new frame offerings – bringing the total offered at Michaels to more than 400 – provide consumers even more solutions to frame those special memories, making it easier than ever to mat and hang photos, custom creations or prized possessions in fresh, fun and unique ways. Michaels is one of the only custom framing solutions that allows customers the opportunity to shop the way that works best for them – online, in-store or both – and placing an order for your custom frame is easier than ever.

  • GlobeNewswire3 months ago

    Market Trends Toward New Normal in Louisiana-Pacific, The Michaels Companies, VEREIT, CymaBay Therapeutics, CareDx, and Harsco — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Business Wire3 months ago

    The Michaels Companies Reports Fourth Quarter and Full Year Fiscal 2018 Results

    IRVING, Texas-- -- Fourth quarter comparable store sales decreased 0.4%; on a calendar shifted basis, comparable store sales increased 1.4% Fourth quarter GAAP diluted EPS of $1.15; adjusted diluted EPS of $1.44 Fiscal 2018 comparable store sales increased 0.8% Fiscal 2018 GAAP diluted EPS of $1.86; adjusted diluted EPS of $2.35 The Michaels Companies, Inc. today reported diluted earnings per share ...

  • Business Wire4 months ago

    Michaels Launches “Community Classroom” Across All Stores in Partnership with AnyRoad

    The Michaels Companies, Inc. (MIK) today announced the national launch of Community Classroom, an educational, collaborative workspace program designed to transform Michaels classrooms into true community “Making Spaces” for instructors and Makers across the country. In late 2018, Michaels partnered with AnyRoad, the leader in Experience Relationship Management (ERM), to launch the transformative in-store customer experience program in six test markets. Starting in March 2019, Michaels will expand the program to all stores across the United States and Canada.

  • The Michaels Companies Announces Executive Transition
    Business Wire4 months ago

    The Michaels Companies Announces Executive Transition

    The Michaels Companies, Inc. (MIK) today announced the appointment of seasoned retail executive Mark S. Cosby as Interim Chief Executive Officer and Board Member effective today. Mr. Cosby succeeds Chuck Rubin, who has mutually agreed with the Board of Directors to transition out of his role as CEO. Mr. Rubin will continue as Chairman of the Board of Directors until April 1, 2019.

  • Business Wire4 months ago

    The Michaels Companies to Report Fourth Quarter and Full Year Fiscal 2018 Results on March 19, 2019

    The Michaels Companies, Inc. (MIK) today announced that the Company plans to report fourth quarter and full year fiscal 2018 sales and earnings results on Tuesday, March 19, 2019, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Tuesday, March 19, 2019, to discuss its financial and operational results. Investors who would like to join the conference call are encouraged to pre-register for the conference call using the following link: http://dpregister.com/10128894.

  • Michaels Proudly Partners with Boys & Girls Clubs to Empower Youth to Unleash Their Creative Potential
    Business Wire4 months ago

    Michaels Proudly Partners with Boys & Girls Clubs to Empower Youth to Unleash Their Creative Potential

    The Michaels Companies, Inc. (MIK) today announced a new three-year partnership with Boys & Girls Clubs of America and Boys & Girls Clubs of Canada. With the newly-minted Making Great Futures program, Michaels is dedicated to inspiring change within the Clubs’ creative arts programming by renovating select art spaces, sharing educational tools and resources, and facilitating team member engagement opportunities, as well as serving as the organizations preferred arts and crafts provider. “The extraordinary mission of the Boys & Girls Clubs deserves tremendous support,” said Chuck Rubin, Chairman and CEO of The Michaels Companies.

  • Business Wire5 months ago

    Michaels Partners with Carnival Cruise Line® to Take Creativity to the Seas

    The Michaels Companies, Inc. (MIK) today announced a new partnership with Carnival Cruise Line as the exclusive arts and crafts provider fleet-wide for guests sailing on the line’s 26-ship fleet. The partnership is designed to provide a memorable and entertaining experience for guests who set sail on Carnival Cruise Line every year. Kids and adults alike will be inspired to be creative and encouraged to test their imagination and bring their vision to life with the help of Michaels.

  • GlobeNewswire5 months ago

    New Research: Key Drivers of Growth for CIT Group, Devon Energy, Red Rock Resorts, The Michaels Companies, PCM, and Pareteum — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Business Wire5 months ago

    The Michaels Companies to Close Pat Catan’s Arts & Craft Stores in Fourth Quarter of Fiscal 2018

    The Michaels Companies, Inc. (MIK) today announced its decision to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states. The Company intends to rebrand up to 12 of the closed Pat Catan’s stores and reopen them under the Michaels banner.

  • Creative Gifting Made Easy: Michaels Kids Gift Shop Offers Perfect Last-Minute Gifts for Holiday 2018
    Business Wire6 months ago

    Creative Gifting Made Easy: Michaels Kids Gift Shop Offers Perfect Last-Minute Gifts for Holiday 2018

    The Season’s Top 25 Creative Gifts for Kids, Available for Last Minute Purchase Online with Easy In-Store Pickup Option

  • Business Wire7 months ago

    The Michaels Companies Announces Third Quarter 2018 Financial Results

    IRVING, Texas-- -- Comparable Store Sales Increased 3.8%, or 4.3% on a constant currency basis Net income increased 5.0% to $83.8 million, or $0.50 per diluted share; adjusted net income of $79.8 million, or $0.48 per diluted share Management updates fiscal 2018 adjusted earnings per diluted share guidance to $2.35 to $2.39 from $2.29 to $2.42 The Michaels Companies, Inc. today reported diluted earnings ...

  • Business Wire7 months ago

    The Michaels Companies to Report Third Quarter Earnings on December 6, 2018

    The Michaels Companies, Inc. (MIK) today announced that the Company plans to report third quarter results on Thursday, December 6, 2018, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Thursday, December 6, 2018, to discuss its financial and operational results. Investors who would like to join the conference call are encouraged to pre-register for the conference call using the following link: http://dpregister.com/10126028.

  • Michaels Launches Innovative Effort to Transform In-Store Classrooms into Community Making Spaces
    Business Wire7 months ago

    Michaels Launches Innovative Effort to Transform In-Store Classrooms into Community Making Spaces

    The Michaels Companies, Inc. (MIK) today announces the launch of MAKER Nation, a pilot educational program designed to transform Michaels classrooms into true community making spaces for instructors across the country. Earlier this month, Michaels launched MAKER Nation in Los Angeles, Chicago, Kansas City, Northwest Florida and Salt Lake City. As another example of how Michaels is leading experiential, in-store educational programing, this innovative program will allow local instructors to develop their own classroom curriculum, make their own schedules, set their own class prices, market their own classes, and make extra money, all within the ultimate creative environment of their local Michaels store.

  • GlobeNewswire7 months ago

    Recent Analysis Shows Gray Television, The Michaels Companies, Farmland Partners, Impinj, Entravision Communications, and INTL FCStone Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, Nov. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Michaels Names Newell Brands 2018 Partner of the Year
    Business Wire8 months ago

    Michaels Names Newell Brands 2018 Partner of the Year

    The Michaels Companies, Inc. today announced that Newell Brands has been named 2018 Partner of the Year. Each year at the Company’s Partner Summit, the Michaels Companies recognizes its top vendor partners for innovation, customer focus, collaboration, and commercial excellence.

  • Michaels Champions Kids Creativity with the Launch of a New Kids Microsite and In-Store Rebrand
    Business Wire9 months ago

    Michaels Champions Kids Creativity with the Launch of a New Kids Microsite and In-Store Rebrand

    The Michaels Companies, Inc. (MIK) today announced the launch of MichaelsKids.com, a rebranding of its in-store kids presentation and an expanded assortment in store and online of creative toys and activities developed to help kids learn, grow, and discover screen-free fun they’ll love. MichaelsKids will offer activity ideas, project inspiration and handy tools to make the shopping experience easy for parents.

  • Business Wire10 months ago

    The Michaels Companies, Inc. Announces New Share Repurchase Authorization

    The Michaels Companies, Inc. (MIK) today announced that its Board of Directors has authorized a new share repurchase program for up to $500 million of its common stock. Chuck Rubin, Chairman and Chief Executive Officer, said, “We are pleased to announce a new $500 million share repurchase authorization today. With this new repurchase authorization, the total authorization for future repurchases was approximately $600 million as of September 7, 2018.