MIK - The Michaels Companies, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.90
+0.08 (+0.45%)
As of 10:44AM EDT. Market open.
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Previous Close16.82
Open16.82
Bid16.86 x 2200
Ask16.87 x 800
Day's Range16.68 - 16.90
52 Week Range15.85 - 27.87
Volume400,604
Avg. Volume2,616,525
Market Cap2.895B
Beta1.25
PE Ratio (TTM)9.11
EPS (TTM)1.85
Earnings DateNov 28, 2018 - Dec 3, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est21.75
Trade prices are not sourced from all markets
  • MarketWatch6 days ago

    Retail holiday sales to increase 5% to 5.6% this year: Deloitte

    Deloitte is forecasting a 5% to 5.6% year-over-year increase in retail holiday sales this year, with spending expected to exceed $1.1 trillion between November and January, excluding motor vehicles and gasoline. E-commerce is expected to increase 17% to 22% this season versus last season, reaching $128 billion to $134 billion. Deloitte analysts attribute the increase to disposable income growth, a strong labor market, and high consumer confidence. Risks include the impact of Fed tightening and any changes in the stock market that could drive a deterioration in consumer confidence. Target Corp. has increased its seasonal hire by 20% to 120,000 in anticipation of the coming holiday season. Macy's Inc. and Michaels Cos. Inc. are among the other retailers that have already announced their seasonal hiring plans. The Amplify Online Retail ETF has gained 28% for 2018 so far. The SPDR S&P Retail ETF has rallied 14.4% for the period. And the S&P 500 index is up 8.8% for 2018 to date.

  • See what the IHS Markit Score report has to say about Michaels Companies Inc.
    Markit7 days ago

    See what the IHS Markit Score report has to say about Michaels Companies Inc.

    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 September 14.

  • Michaels (MIK) Down 16% in a Month: Is a Turnaround Likely?
    Zacks8 days ago

    Michaels (MIK) Down 16% in a Month: Is a Turnaround Likely?

    Michaels' (MIK) dismal sales trend and strained margins over the last few quarters are concerning. However, its omni-channel efforts look promising.

  • MarketWatch12 days ago

    Target to hire 120,000 seasonal workers, 20% more than last year

    Target Corp. said Thursday that it will hire 120,000 seasonal workers for this year's holiday season, 20% more than last year. The retailer said it will also offer extra hours to current members. Companies including Macy's Inc. and Michaels Cos. Inc. have also announced their seasonal hiring numbers, many matching 2017 numbers. "Coming off a strong second quarter, we're anticipating a busy holiday season and want to make sure we have the right teams in place across all of our stores and distribution and fulfillment centers to deliver an exceptional experience for our guests," said Janna Potts, Target's chief stores officer, in a statement. More than 7,500 workers will be in fulfillment and distribution centers. Workers hired after Sept. 16 will start at $12 per hour, get a 10% employee discount, and an additional 20% off of fruits, vegetables and other items as part of a "wellness discount," among other perks. Target is scheduled to host a seasonal hiring event from Oct. 12 to Oct. 14. Target shares edged up 0.3% in premarket trading, and are up nearly 36% for the year to date. The S&P 500 index has gained 8.1% in 2018 so far.

  • Thomson Reuters StreetEvents14 days ago

    Edited Transcript of MIK earnings conference call or presentation 30-Aug-18 1:00pm GMT

    Q2 2018 Michaels Companies Inc Earnings Call

  • See what the IHS Markit Score report has to say about Michaels Companies Inc.
    Markit14 days ago

    See what the IHS Markit Score report has to say about Michaels Companies Inc.

    Michaels Companies Inc NASDAQ/NGS:MIK

  • MarketWatch15 days ago

    Radial adding more than 20,000 seasonal workers for the holidays, on par with last year

    Radial, a multi-platform commerce tech and operations company, said Monday that it will add 20,000 seasonal workers for the holiday season, equal to the amount it added in 2017. Radial has 23 fulfillment centers and eight customer service centers in North America, and regularly employs 3,000 full-time workers. Last week, Michaels Cos. Inc. announced it will hire 15,000 seasonal workers, and 1-800-Flowers.com Inc. said it would add 8,000 workers for the holidays. The SPDR S&P Retail ETF is up 14.6% for the year so far, outpacing the S&P 500 index , which is up 7.7% for the period.

  • MarketWatch18 days ago

    The Michaels Cos. announce share buyback of up to $500 million

    MARKET PULSE Arts and crafts retailer The Michaels Cos. Inc. (mik) said Friday its board has approved a share buyback program of up to $500 million. The approval brings the company's total authorization to about $600 million, the company said in a release.

  • Business Wire18 days 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.

  • See what the IHS Markit Score report has to say about Michaels Companies Inc.
    Markit19 days ago

    See what the IHS Markit Score report has to say about Michaels Companies Inc.

    Michaels Companies Inc NASDAQ/NGS:MIK

  • Bloomberg20 days ago

    DIY Could Get Pricier as Michaels Warns About Impact of Tariffs

    Crafts and art supplies retailer Michaels Cos. is warning that retail prices could be hit by the Trump administration’s next round of proposed tariffs on Chinese imports. An estimated $400 million of its product costs would be subject to the tariffs, Chief Executive Officer Chuck Rubin says. Michaels has “a lot of levers” it can pull to mitigate the impact, Rubin said Wednesday at a Goldman Sachs Group Inc. retail conference in New York.

  • MarketWatch20 days ago

    Michaels to hire more than 15,000 seasonal workers, the same as last year

    Michaels Companies Inc. (mik) said Wednesday it plans to hire more than 15,000 seasonal workers for the holidays, in its U.S. and Canada stores and distribution centers. The company said seasonal workers will have competitive wages and a 30% discount at Michaels stores.

  • Business Wire20 days ago

    Michaels to Hire 15,000 Seasonal Employees for the Holidays

    The Michaels Companies, Inc. (MIK) today announced it will hire more than 15,000 seasonal positions across its U.S. and Canadian stores and distribution centers in preparation for the 2018 holiday season. Additionally, the Company was recently certified as a great workplace by the independent analysts at Great Place to Work®, the global authority on high-trust, high-performance workplace cultures. “At Michaels we are proud of our strong culture and are thrilled to be officially named a great workplace.

  • See what the IHS Markit Score report has to say about Michaels Companies Inc.
    Markit24 days ago

    See what the IHS Markit Score report has to say about Michaels Companies Inc.

    Michaels Companies Inc NASDAQ/NGS:MIK

  • Michaels Companies (MIK) Stock Down Despite Q2 Earnings Beat
    Zacks25 days ago

    Michaels Companies (MIK) Stock Down Despite Q2 Earnings Beat

    While Michaels Companies (MIK) reports an earnings beat in second-quarter fiscal 2018, the stock's plunge is due to soft comps.

  • 4 Small-Cap Stocks That Are In Serious Trouble
    InvestorPlace25 days ago

    4 Small-Cap Stocks That Are In Serious Trouble

    U.S. equities moved lower on Thursday — the first decline in five sessions — as optimism around trade talks with Canada are eclipsed by a worsening situation in emerging market currencies. The company will next report results on Nov. 6, after the close.

  • GuruFocus.com26 days ago

    3 Stocks Move Thursday

    Michaels Companies, Campbell Soup, Ciena move on quarterly results

  • Why The Michaels Companies Inc.'s Stock Fell 15% Today
    Motley Fool26 days ago

    Why The Michaels Companies Inc.'s Stock Fell 15% Today

    The crafting supplies retailer published a mixed second-quarter report this morning, which fell short of management's same-store sales targets.

  • The Michaels Companies, Inc. Charts a New Course for the Holidays
    Motley Fool26 days ago

    The Michaels Companies, Inc. Charts a New Course for the Holidays

    The arts and crafts retail giant wants to attract and serve a wider range of customers, starting with some new store concepts leading up to the holidays.

  • The Michaels Companies, Inc. (MIK) Q2 2018 Earnings Conference Call Transcript
    Motley Fool26 days ago

    The Michaels Companies, Inc. (MIK) Q2 2018 Earnings Conference Call Transcript

    MIK earnings call for the period ending July 31, 2018.

  • MarketWatch26 days ago

    Michaels' stock slumps after earnings beat, but a surprise decline in same-store sales

    MARKET PULSE Shares of Michaels Companies Inc. (mik) slumped 6.4% in premarket trade Thursday, after the arts and crafts retailer beat fiscal second-quarter earnings expectations, but reported a surprise decline in same-store sales and provided a downbeat outlook.

  • ACCESSWIRE26 days ago

    Michaels Companies Inc to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 30, 2018 / Michaels Companies Inc (NASDAQ: MIK ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 30, 2018 at 9:00 AM Eastern ...

  • Business Wire26 days ago

    The Michaels Companies Announces Second Quarter 2018 Results and Raises Fiscal 2018 EPS Guidance

    IRVING, Texas-- -- Comparable Store Sales Decreased 0.4% Net income of $27.5 million, or $0.15 per diluted share Full Year Diluted EPS Guidance raised by $0.10 to $2.29 to $2.42 10.7 Million Shares of Common Stock Repurchased Through Accelerated Stock Repurchase Program The Michaels Companies, Inc. today reported diluted earnings per share for the second quarter of fiscal 2018 of $0.15, one cent above ...

  • Day Ahead: Top 3 Things to Watch
    Investing.com27 days ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow.

  • Business Wire28 days ago

    The Michaels Companies Announces Participation in the Goldman Sachs 25th Annual Global Retailing Conference

    The Michaels Companies, Inc. (MIK) today announced that it will participate in the Goldman Sachs 25th Annual Global Retailing Conference, which will be held at The Plaza Hotel in New York City, New York. Chuck Rubin, Chairman and CEO is scheduled to participate in a “fireside chat” on Wednesday, September 5, 2018, at 8:05 a.m. Eastern Time. A Fortune 500® Company, The Michaels Companies, Inc. is North America's largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for Makers and do-it-yourself home decorators.