MIK News and Press, The Michaels Companies Inc. From 12/20/19

Shares of Michaels Companies (NASDAQ: MIK) fell as much as 10% on Friday morning, hamstrung by a negative analyst report. By 10:20 a.m. EST, the arts and crafts retailer's stock had recovered slightly to an 8.4% drop. Image source: Getty Images. Morgan Stanley downgraded Michaels to unde...

Morgan Stanley lowers Michaels (NASDAQ: MIK ) to an Underweight rating after having the retailer slotted at Equal-weight. The ratings cut pivots on broads concerns from MS over sales growth for Michaels and profitability. More news on: The Michaels Companies, Inc., Consumer stocks new...

The mall sector is having a rough day amid warnings on higher markdown activity from American Eagle Outfitters ( AEO -6.2% ), as well as warnings on traffic from both Children's Place ( PLCE -23.3% ) and Dave & Buster's Entertainment ( PLAY -6.4% ). More news on: American Eagle O...

The Michaels Companies ' (NASDAQ: MIK) third-quarter earnings, released on Dec. 5, revealed few signs of progress in the arts and crafts retailer's long-awaited turnaround. Michaels reported a 4% year-over-year sales decline to $1.2 billion, and  comparable sales slumped by 2.2%. The co...

On the heels of an earnings-based plunge of 15.6% on Thursday , shares of arts-and-crafts retailer Michaels Companies (NASDAQ: MIK) sprang back to life with a strong bounce on Friday, rising 9.9% as of 1:50 p.m., EST. There was no obvious trigger for Michaels' sudden jump just befor...

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 tar...

Shares of Michaels Companies (NASDAQ: MIK) crashed hard on Thursday, following the release of weak third-quarter results. The stock closed on Thursday 15.6% lower. In the third quarter, Michaels saw comparable-store sales falling 2.2% year over year, far below the essentially flat guidance ...

Image source: The Motley Fool. The Michaels Companies Inc   (NASDAQ: MIK) Q3 2019 Earnings Call Dec 5, 2019 , 9:00 a.m. ET Operator Continue reading

The Michaels Companies (MIK) Q3 2019 Earnings Conference Call December 5, 2019 9:00 am ET Company Participants Mark Cosby - Chief Executive Officer Denise Paulonis - Chief Financial Officer Jim Mathias - Director Investor Relations Conference Call Participants Christopher ...

The Michaels Companies (NASDAQ: MIK ) is on watch after missing on both lines of its Q3 report and setting guidance below expectations. More news on: The Michaels Companies, Inc., Consumer stocks news, Earnings news and commentary, Stocks on the move, Read more ...