|Bid||8.60 x 4000|
|Ask||8.78 x 4000|
|Day's Range||8.22 - 8.83|
|52 Week Range||4.96 - 17.79|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||4.27|
|Earnings Date||Dec 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.05|
The Michaels Companies Inc. has named Vidya Jwala to a newly-created executive role, chief customer officer. The CCO will be in charge of strategy that brings together the digital and brick-and-mortar channels. Jwala will lead a number of initiatives including marketing, loyalty and business analytics. He joins from Dick's Sporting Goods Inc. where he was chief e-commerce and supply chain officer. Michaels also named Scott Lindblom chief information officer and Holly Shaskey-Platek chief human resources officer. Michaels stock has fallen by half over the past year while the S&P 500 index is up 14.1% for the period.
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The Michaels Companies, Inc. (MIK) today announced that the Company plans to report third quarter sales and earnings results on Thursday, December 5, 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, December 5, 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/10136403.
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The Michaels Companies Inc. said Tuesday that it had tapped its interim chief executive to take on that role permanently. Mark Cosby had been serving in the interim chief executive position since February 2019 and had stints at Office Depot Inc. , CVS Health Corp.'s Caremark, and Macy's Inc. prior to joining the crafts retailer. "The search committee conducted an exhaustive evaluation of many outstanding candidates and unanimously concluded that Mark brings the right strategic vision and operating skill to lead Michaels into a new chapter," Chairman James Quella said in a release. Michaels shares were inactive in premarket trading. The stock has tumbled 27% so far this year, while the S&P 500 has gained 20%.
The Michaels Companies, Inc. (MIK) today announced that Mark S. Cosby has been named Chief Executive Officer effective immediately. An experienced consumer goods and retail executive with deep operations expertise, Cosby has served as Interim CEO and a member of the Board of Directors since February 2019. The appointment of Cosby follows a comprehensive search process conducted by a special committee of the Board.
Michaels (MIK) partners with UPS, bringing the UPS Access Point locations to more than 1,100 Michaels' outlets across the United States.