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MIK News and Press, The Michaels Companies Inc. From 08/05/20

Stock Information

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

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MIK - Michaels: Dour Holiday Decor Season Expected As Distressed Liquidations Sap Demand

This article was highlighted for PRO subscribers, Seeking Alpha's service for professional investors. Find out how you can get the best content on Seeking Alpha here . Michaels has a shrinking core business typical of brick and mortar retail Much has been written about declining brick...

MIK - Michaels Revamps Loyalty Program to Reward Customers for Making More

Michaels Rewards Program Expansion Provides Members More Ways to Earn on Purchases The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, has updated its Michaels Rewards loyalty program to reward customers in more ways. The launch ...

MIK - Retail sector tripped up again by COVID-19 anxiety

The retail sector is taking a step back as COVID-19 developments in Texas, Florida and Arizona set a worrying tone on retail store traffic. The biggest concern is the higher number of recent hospitalization due to the virus, including people under the age of 40. More news on: Chico's FAS, ...

MIK - 2020 First Half Portfolio Review (+19.4% Vs. -13.6% Russell 2K)

In early April 2020, I returned from a fourteen-month writing sabbatical. As I had intentions of relaunching on Marketplace, which I did on May 12, 2020 , I had my nose to the grindstone and was burning up my keyboard sharing my best ideas with Seeking Alpha free site readers in anticipation ...

MIK - Michaels +4% after positive Barron's mention

Michaels Companies (NASDAQ: MIK ) trades higher after being singled out by Barron's as a "disliked" stock that could be a big opportunity for investors as a turnaround story. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...

MIK - Lucky Brand files for bankruptcy, may be bought for $140M

Lucky Brand is the latest casualty in retail. More news on: Simon Property Group, Inc., Hertz Global Holdings, Inc., Quorum Health Corporation, News on the U.S. economy, Read more ...

MIK - Stocks To Watch: Postmates, Walgreens And Cannabis Plays

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...

MIK - +105% In 13 Weeks - The 'Crisis Composite' Strategy Still Crushing The Market

(Credit: businessfirstfamily.com ) In previous installments, we looked at a unique stock investing strategy designed specifically for crises. The strategy was developed based on the previous 8 crises in the US since 1974, as outlined in Verdad Capital's paper entitled "Crisis Investing: ...

MIK - The Winners and Losers From the May Retail Sales Report

May retail sales numbers were much better than expected, sending stocks higher on Tuesday. Overall retail sales rose 17.7% from April according to the Census Bureau, but were down 6.1% from a year ago, showing that while the economy is recovering, there is still work left to do. That was more t...

MIK - Why The Michaels Companies Dived by Nearly 9% on Thursday

What comes up, must come down. That old axiom seems to be at work with The Michaels Companies (NASDAQ: MIK) . Earlier this week the stock was a scorcher, following a very bullish update from an analyst at J.P. Morgan. This momentum reversed on Thursday, with the stock of the arts-and-crafts ...

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