MIK News and Press, The Michaels Companies Inc. From 09/03/20

Michaels Companies (NASDAQ: MIK ) gains after reporting comparable sales jumped 12.0% in FQ2 at stores that were open and through the e-commerce channel. More news on: The Michaels Companies, Inc., Consumer stocks news, Earnings news and commentary, Stocks on the move, Read more .....

Michaels Companies (NASDAQ: MIK ) : Q2 Non-GAAP EPS of $0.30 beats by $0.38 ; GAAP EPS of -$0.05 beats by $0.13 . Revenue of $1.15B (+11.7% Y/Y) beats by $140M . Shares +5% PM. Press Release More news on: The Michaels Companies, Inc., Earnings news and commentary, Stocks on t...

Net Sales increase of 11.1% to $1.148 billion; Comparable Store Sales increase of 12.0%; including e-commerce growth of 353.1% Operating Income $53.3 million, Adjusted Operating Income increase of 40.7% to $105.8 million Free Cash Flow of $331 million, liquidity of approxima...

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that it will be hosting a Virtual Investor Day on Thursday, September 24, 2020. Chief Executive Officer, Ashley Buchanan and other members of the Michaels executive team, will provide a strategic overview including an update on the Co...

New Michaels Program Supports Small Businesses and ‘Makerpreneurs’ The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, today announced the launch of MichaelsPro™ , a new program focused on serving small business...

Michaels Companies (NASDAQ: MIK ) has named Michael Diamond its executive VP and chief financial officer, effective Sept. 1 . More news on: The Michaels Companies, Inc., Consumer stocks news, Read more ...

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that Michael Diamond has been appointed Executive Vice President-Chief Financial Officer, effective September 1, 2020. A seasoned financial executive, Diamond will report directly to Chief Executive Officer, Ashley Buchanan. This pr...

Michael Burry is the investor whose story was made into The Big Short , and one of the most famous investors to come out of the global financial crisis. He runs Scion Asset Management. As Scion's assets under management are large enough to demand SEC filings, we can get a once-per-quarter gli...

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report second quarter fiscal 2020 results on Thursday, September 3, 2020, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m...

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...