MIK News and Press, The Michaels Companies Inc. From 10/02/19

Shares of retail stocks were falling again on Wednesday as the specter of a recession spooked investors once again. A number of economic data points pushed stocks lower, including a weak  ADP  payroll report for September. That followed a report on Tuesday from the Institute of Supply ...

If you judged craft-goods seller The Michaels Companies (NASDAQ: MIK) based on its stock-market interest, you might not guess the company has some pretty loyal customers and high cash flow. The private-equity ownership and serious debt issues, however, might be less surprising. Every compan...

Michaels Companies (NASDAQ: MIK ) says it launched a new e-commerce website for online shoppers in Canada in response to consumer demand. More news on: The Michaels Companies, Inc., Consumer stocks news, Read more ...

The Michaels Companies ( MIK ) reported their Q2 earnings just over one week ago, delivering a beat across their top and bottom line. Revenue in the quarter came in at $1.03 billion, while the company posted earnings per share of $0.19 (vs. $0.14 consensus estimate). Source EBIT in the...

The Retail Sector ( XRT ) has seen a strong bounce in the past couple of weeks, and Michaels Companies ( MIK ) has benefited immensely from this resurgence. The stock is up 100% the past three weeks, and many are chalking this up to a favorable earnings report. While it's true that the comp...

(Source - Pexels/Nur Andi Gusma ) The retail sector has been in rough weather the past few years as the rise of Amazon (AMZN) and other online retailers have drained the traditional "big box" stores of their customer base. Macy's ( M ), Ross ( ROST ), J.C. Penney ( JCP ), and Kohl's ( KSS )...

Shares of retail stocks were soaring across the board Monday. The unloved sector seemed to benefit from a massive rotation in the market as investors moved out of high-priced tech and cloud stocks like  Okta ,  Shopify , and  Fastly and into low-priced value plays in the retail...

The Michaels Companies ( MIK ) trades at 5.75x EBITDA with more considerable EBITDA margin than that of its competitors. It is undervalued. However, market participants should understand very well that the risk is significant. The Michaels Companies commenced to close stores in 2017, has tons ...

Michaels Companies ( MIK +14.6% ) extends on its post-earnings rally, despite being moved from the S&P MidCap 400 down to the S&P SmallCap 600. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...

NEW YORK , Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to t...