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MIK News and Press, The Michaels Companies Inc. From 11/28/20

Stock Information

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

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MIK - Stocks To Watch: Spotlight On OPEC, Nikola And Ford

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 Po...

MIK - Michaels: Cloudy Outlook For This Arts And Crafts Specialty Retailer

Michaels is a specialty retailer focused on the arts and crafts markets. The company has performed relatively well through the pandemic with strong liquidity and top-line performance. However, the longer-term picture is still cloudy and I recommend a neutral rating on the stock at...

MIK - Michaels is Calling On #DifferenceMakers to Creatively Spread Holiday Cheer

Retailer is recognizing those who light up holiday spirits through arts, craft, and decor The Michaels Companies, Inc. (NASDAQ: MIK), North America’s largest arts and crafts retailer, launches an initiative to inspire Americans to brighten their communities with creat...

MIK - Confidence grows in pockets of retail after big reports from Target and TJX

Retail is having a strong day after Target and TJX Companies TJX reported earnings early in the day. Notable gainers include Express ([[EXPR]] +23.3%), Chico's FAS ([[CHS]] +22.0%), Designer Brands ([[DBI]] +11.6%), Guess ([[GES]] +7.5%), Abercrombie & Fitch ([[ANF]] +4.9%), Burlington St...

MIK - Domino's, Yeti and Best Buy sharply lower as investors reset on vaccine hopes

More stay-at-home favorites and outdoor-theme stocks that are reeling after Pfizer's announcement this morning of a 90% efficacy rate for its COVID-19 vaccine include At Home Group ([[HOME]] -16.8%), MarineMax ([[HZO]] -14.8%), Big Five Sporting Goods ([[BGFV]] -12.8%), Bed Bath & Beyond ...

MIK - The Michaels Companies to Report Third Quarter Fiscal 2020 Results on December 3, 2020

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report third quarter fiscal 2020 results on Thursday, December 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...

MIK - Why Michaels Stock Lost 16% in October

Shares of Michaels (NASDAQ: MIK) were sliding last month, even though there was no news out on the arts-and-crafts retailer. Instead, the combination of rising coronavirus cases and the stock's being heavily shorted seemed to contribute to a slide in the second half of the month. ...

MIK - 3 Takeaways From Michaels' Investor Day Presentation

The rising number of small entrepreneurs has been a surprising 2020 trend. For example, about 400,000 new active sellers have joined Etsy 's e-commerce platform just since the end of 2019. That brings the total on the site up to 3.1 million. And these new sellers are simply chasing...

MIK - Are Michaels' Strong Results a COVID-19 Mirage?

Michaels Companies ' (NASDAQ: MIK) results rebounded nicely in its most recent quarter. After the pandemic forced the arts and crafts retailer to close its stores earlier in the year, customers who had been largely stuck at home came back and made purchases when those stores re...

MIK - These 10 Most Shorted Stocks Are Booming

Stocks with the highest short interest are among the strongest performers over the past month. Retail, Restaurants, and Real Estate are the top targets for short-sellers. Most of these companies have been hit hard by COVID-19 ramifications and are struggling to stop the bleeding. ...

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