MIK News and Press, The Michaels Companies Inc. From 02/20/20

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report fourth quarter and full year fiscal 2019 results on Tuesday, March 17, 2020, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call a...

Our Long Idea reports aim to identify firms that, despite market fears, unimpressive GAAP earnings, and other noise , have profitable businesses[1] and highly undervalued stock prices. They aim to show investors how to use our research and display the transparency of our analytical process....

When I was in high school, I had a part-time job at a nursery and craft store called Frank's Nursery and Crafts . This store was a hybrid craft store that also sold plants, shrubs, trees, and had a greenhouse. This was in the mid-1990s back in Long Island. In 2001, Frank's filed for bankruptc...

Shares of Michaels Companies (NASDAQ: MIK ) fall sharply after Goldman Sachs moves to a Neutral rating from Buy on concerns over valuation on the retailer. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...

The SPDR S&P Retail ETF ( XRT -0.5% ) is trailing broad market averages today after Target guides low with its forecast for Q4 comparable sales (+1.4% vs. +3.8% consensus) and cites softness in the electronics, toys and home categories. More news on: SPDR S&P Retail ETF, Best B...

PHOENIX, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that Denise Paulonis will join the company as chief financial officer, effective February 21, 2020. Paulonis most recently served as executive vice president and chief financial officer of ...

This article was selected to be shared with PRO+ subscribers - find out more here . Image source Struggling big box retailer Michaels ( MIK ) has seen its market value disintegrate over the past couple of years. The company traded for nearly $30 per share just two years ago but toda...

Source: Barron's Traditional retailers have faced strong headwinds this earnings season. Many have faced stagnant to declining revenue growth and shrinking margins. Michaels Companies ( MIK ) has been no different. In its most recent quarter, the company reported revenue of $1.22 billion...

It's true that Michaels Stores ( MIK ) stock is one of the cheapest issues in the market. It's also true that Michaels is in very serious trouble at the moment, which supports that valuation. Even after a big spike in the past few sessions, after the company brought on a new CEO, MIK still t...

Michaels ( MIK ) has been a name which I have avoided since the company went public in summer of 2014. At the time I observed that the public offering has been a disappointment as appeal for leveraged private equity IPOs was low. A strong leadership position in arts and crafts retail is ...