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home / news releases / MIK - Michaels Companies Made Lots of Mistakes in the Third Quarter

MIK - Michaels Companies Made Lots of Mistakes in the Third Quarter

The Michaels Companies Inc.

Arts and crafts retailer Michaels Companies (NASDAQ: MIK) reported earnings Thursday morning for the third quarter of fiscal year 2019. The windup period in front of this year's holiday shopping season wasn't terribly inspiring. Michaels' results fell short of Wall Street's third-quarter targets, followed by weak fourth-quarter guidance.

Metric

Q3 2019

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Stock Information
Company Name: The Michaels Companies Inc.
Stock Symbol: MIK
Market: NASDAQ
Website: michaels.com
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