MIK News and Press, The Michaels Companies Inc. From 12/03/20

Michaels (NASDAQ: MIK) stock continued to dazzle investors today as the arts-and-crafts retailer posted another quarter of strong earnings, buoyed by demand for at-home hobbies during the pandemic and improvements in its e-commerce operations. As of 12:53 p.m. EDT, the stock was...

The Michaels Companies, Inc. (MIK) Q3 2020 Earnings Conference Call December 03, 2020, 09:00 AM ET Company Participants Jim Mathias - Director, IR Ashley Buchanan - CEO Michael Diamond – CFO Conference Call Participants Christopher Horvers - JPMorgan Seth Sigman - Credit Suisse Joe Fel...

Gainers: Ever-Glory International Group (EVK) +220% Lizhi (LIZI) +100%. Kirkland's (KIRK) +23%. Revlon (REV) +21%. The Michaels Companies (MIK) +17%.Losers: Express (EXPR) -22%. Lands' End (LE) -20%. Funko (FNKO) -12%. iHuman (IH) -11%. Duluth Holdings (DLTH) -10%. For furthe...

Michaels Companies (MIK) reports comparable store sales increased 16.3% in Q3 vs. consensus of 14.8%, driven by strong demand in both stores and e-commerce.E-commerce growth of more than 128% Y/Y was driven by enhanced and expanded omnichannel capabilities including curbside pick-up...

Michaels Companies (MIK): Q3 Non-GAAP EPS of $0.86 beats by $0.27; GAAP EPS of $0.74 beats by $0.16.Revenue of $1.41B (+15.6% Y/Y) beats by $20M.Press Release For further details see: Michaels Companies EPS beats by $0.27, beats on revenue

Net Sales increase of 15.1% to $1.406 billion; Comparable Store Sales increase of 16.3%; including e-commerce growth of 128.0% Operating Income increase of 161.6% to $199.0 million; Adjusted Operating Income increase of 71.7% to $201.6 million Net Cash Flow from Oper...

Hedgeye's Brian McGough tips that Michael Companies ([[MIK]] +0.2%) could see a volatile session tomorrow when it reports earnings. Several firms have also pointed to strong demand at Michaels as consumers spend freely on holiday accessories. See all the consensus estimates on Michaels.More d...

Michaels Companies (NASDAQ:MIK) is scheduled to announce Q3 earnings results on Thursday, December 3rd, before market open.The consensus EPS Estimate is $0.59 (+47.5% Y/Y) and the consensus Revenue Estimate is $1.39B (+13.9% Y/Y).Over the last 2 years, MIK has beaten EPS estimates 63% of the ...

Michaels Companies ([[MIK]] -1.9%) could be a big beneficiary of the nesting trend around the holidays, according to Bank of America,The firm thinks that consumers are likely spending more than usual on seasonal décor and children’s crafts & gifts as they attempt to bring "ext...

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