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MIK - Michaels: Solid Revenue Growth Could Continue
February, 28 2021 03:58 PM
The Michaels Companies Inc.
MIK reports earnings Thursday. Revenue could grow in the mid-single-digit percentage range. E-commerce is growing at an out-sized rate, yet gross margins continue to improve. If margins expand this quarter, then EBITDA could grow faster than revenue. MIK could be a beneficiary of added scale. Buy the stock. For further details see:
Michaels: Solid Revenue Growth Could Continue
Stock Information
Company Name:
The Michaels Companies Inc.
Stock Symbol:
MIK
Market:
NASDAQ
Website:
michaels.com
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