|Bid||17.75 x 100|
|Ask||20.08 x 500|
|Day's Range||19.88 - 20.33|
|52 Week Range||17.66 - 27.87|
|PE Ratio (TTM)||10.63|
|Earnings Date||Aug 22, 2018 - Aug 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.50|
Home furnishings and décor retailer At Home Group Inc. (home) says proposed tariffs on $200 billion in Chinese goods won't have a material impact on results for fiscal 2019 or fiscal 2020. "Additionally, with an average selling price of less than $15 and an average basket of approximately $65, the company believes that in some circumstances, price adjustments could be made without materially affecting its overall customer value proposition," At Home said.
Short interest is moderate for MIK with between 5 and 10% of shares outstanding currently on loan. The net inflows of $163 million over the last one-month into ETFs that hold MIK are among the lowest of the last year and appear to be slowing.
Under evaluation this morning are these four equities: Party City Holdco Inc. (NYSE: PRTY), Stitch Fix Inc. (NASDAQ: SFIX), BJ's Wholesale Club Holdings Inc. (NYSE: BJ), and The Michaels Cos. Inc. (NASDAQ: MIK). On Monday, shares in Elmsford, New York-based Party City Holdco Inc. recorded a trading volume of 613,002 shares.
LONDON, UK / ACCESSWIRE / July 11, 2018 / If you want access to our free earnings report on The Michaels Cos., Inc. (NASDAQ: MIK), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MIK. Michaels Cos. reported its first quarter fiscal 2018 operating and financial results on June 12, 2018. Additionally, the Company provided guidance for the upcoming quarter and fiscal year.
Michaels Companies' (MIK) robust store-expansion initiatives along with other growth strategies make it a safe bet for investors' portfolio.
Malls anchored by department stores like Sears Holdings Corp (NASDAQ: SHLD) dominated the retail segment decades ago — and are among the most challenged today, Kodali said. On the other hand, new-age "neighborhood centers" anchored by anything from Whole Foods to Sprouts Farmers Market Inc (NASDAQ: SFM) and Michaels Companies Inc (NASDAQ: MIK) are finding success, the analyst said.
Short interest is moderately high for MIK with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 2. Over the last month, growth of ETFs holding MIK is favorable, with net inflows of $6.02 billion.
The Michaels Companies, Inc. (MIK) today announced that it has entered into an accelerated share repurchase agreement (“ASR”) to repurchase approximately $250 million of the Company’s outstanding common shares. The ASR is part of the Company’s Board-approved $500 million repurchase authorization announced June 15, 2017. Pursuant to the ASR agreement, on July 2, 2018 the Michaels Companies will pay $250 million and receive an initial delivery of approximately 10.5 million shares, which is approximately 80% of the total number of shares of the Company’s common stock expected to be repurchased under the ASR.
Short interest is low for MIK with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 22. Over the last month, growth of ETFs holding MIK is favorable, with net inflows of $8.20 billion.
NEW YORK, June 25, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Chevron ...
NEW YORK, NY / ACCESSWIRE / June 15, 2018 / While it was an exciting day for one crafts company, it was a very disappointing day for another. Shares of Etsy were exploding in Thursday trading and even hitting a new high after announcing an increase in its cut that the company takes from sales. Shares of The Michaels Companies plummeted and came just 50 cents shy of hitting its 52-week low during intra-day trading after issuing worrisome second quarter guidance.
Michaels Companies (MIK) reports top- and bottom-line beat in first-quarter fiscal 2018. However, investors punish the stock on soft view for the fiscal second quarter.
Investors shrugged off solid first-quarter results and firm full-year guidance to focus squarely on modest guidance for the next quarter.
This is up just barely from its earnings per share of 38 cents reported in the same period of the year prior. It also came in above Wall Street’s earnings per share estimate of 38 cents for the quarter. Net income reported by Michaels Companies Inc for its fiscal first quarter of 2018 was $26.89 million.
The site for handmade goods, which struggled after its initial public offering in 2015, began its turnaround effort after board member and former eBay executive Josh Silverman took charge as chief executive officer in May last year after ex-CEO Chad Dickerson stepped down. Silverman came to Etsy amid concerns about slowing growth, poor functionality of the company's website and the specter of competition from Amazon.com Inc, which launched a marketplace for handmade goods in 2015. The company now expects revenue growth of 32 percent to 34 percent in 2018, up from its previous forecast of 22 percent to 24 percent.
Shares of traditional retailers The Michaels Companies Inc. ( MIK) and Tailored Brands Inc. ( TLRD) were plagued with double-digit losses in pre-market trade today on the heels of their quarterly reports. Arts and crafts retailer Michaels Companies reported first-quarter adjusted net income of 39 cents per share, topping the Street view of 38 cents per share. Michaels stock is off 9.3% year to date.
The most recent earnings update The Michaels Companies Inc’s (NASDAQ:MIK) released in February 2018 showed that the company benefited from a slight tailwind, eventuating to a single-digit earnings growth ofRead More...
On a per-share basis, the Irving, Texas-based company said it had net income of 15 cents. Earnings, adjusted for one-time gains and costs, came to 39 cents per share. The results surpassed Wall Street ...
Shares of Michaels Companies Inc. tumbled 16% in premarket trade Thursday, after the arts and crafts retailer beat fiscal first-quarter profit expectations, but missed on same-store sales and provided a downbeat outlook. Net income for the quarter to May 5 fell to $26.9 million, or 15 cents a share, from $72.2 million, or 38 cents a share, in the same period a year ago.
The Michaels Companies, Inc. today reported diluted earnings per share for the first quarter of fiscal 2018 of $0.15, or $0.39 per diluted share excluding approximately $0.20 per diluted share related to a one-time charge associated with the restructuring of the Aaron Brothers division and approximately $0.04 per diluted share from provisional adjustments related to the Tax Cuts and Jobs Act of 2017 ...