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MIK News and Press, The Michaels Companies Inc. From 07/19/19

Stock Information

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

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MIK - Michaels -7.4% as BofAML throws up Sell sign

Michaels (NASDAQ: MIK ) is 7.4% lower following a downgrade to Underperform by BofA Merrill Lynch, along with a slashed price target. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...

MIK - Retail lags as focus turns to economic data

The retail sector is underperforming on the day, with the SPDR S&P 5500 Retail (NYSEARCA: XRT ) off 0.34% despite the cooling down of the U.S.-China trade war. Traders saw soft economic data is accounting for the weak reaction to the latest turn on the trade front. More news on: SPDR...

MIK - Retail lags as focus turns to economic data

The retail sector is underperforming on the day, with the SPDR S&P 5500 Retail (NYSEARCA: XRT ) off 0.34% despite the cooling down of the U.S.-China trade war. Traders saw soft economic data is accounting for the weak reaction to the latest turn on the trade front. More news on: SPDR...

MIK - The Michaels Companies prices $500M senior notes due 2027

Michaels Stores, Inc., an indirect wholly owned subsidiary of The Michaels Companies (NASDAQ: MIK ) has priced $500M of 8.00% Senior Notes due July 15, 2027. More news on: The Michaels Companies, Inc., Consumer stocks news, Read more ...

MIK - The Michaels Companies, Inc. Announces Pricing of Senior Notes

The Michaels Companies, Inc. (NASDAQ: MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), priced its offering of $500 million in aggregate principal amount of Senior Notes due 2027 (the “Note...

MIK - The Michaels Companies, Inc. Announces Offering of Senior Notes

The Michaels Companies, Inc. (NASDAQ:MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), intends to offer $500 million in aggregate principal amount of Senior Notes due 2027 (the “Notes ...

MIK - Value Investors: Buy, Sell Or Hold For The Michaels Companies?

Although the S&P (SPY) climbed back to all-time highs a few weeks ago, The Michaels Companies (MIK) has plunged over the last months. The rising tide did not lift all boats. Despite this significant drop, we don't plan to initiate a long position on MIK anytime soon. And we will explain ...

MIK - Telsey turns cautious on Michaels

Telsey Advisory Group lowers Michaels Companies (NASDAQ: MIK ) to a Market Perform rating from Outperform after taking in the retailer's disappointing Q1 earnings report . More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...

MIK - The Michaels Companies (MIK) CEO, Mark Cosby on Q1 2019 Results - Earnings Call Transcript

The Michaels Companies (MIK) Q1 2019 Earnings Conference Call June 6, 2019 9:00 am ET Company Participants Mark Cosby - Chief Executive Officer (interim) Denise Paulonis - Chief Financial Officer Elaine Locke - Vice President, Investor Relations, Treasurer Conference Call Part...

MIK - Michaels crumbles after weak profit outlook

Selling pressure on Michaels ( MIK -12.5% ) sent shares to an all-time low of $7.78 earlier in the session after the retailer's profit guidance (FY20 $2.29 to $2.41 vs. $2.44 consensus) set off some alarm bells. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on ...

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