MIK News and Press, The Michaels Companies Inc. From 02/28/21

MIK reports earnings Thursday. Revenue could grow in the mid-single-digit percentage range. E-commerce is growing at an out-sized rate, yet gross margins continue to improve. If margins expand this quarter, then EBITDA could grow faster than revenue. MIK could be a beneficiary...

r/WallStreetBets initiated the GameStop squeeze, but has targeted a number of other stocks as well. While the GME situation is not likely to repeat, it seems likely we'll see efforts to make similar moves. A number of stocks fit the pattern seen so far, providing interesting poten...

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report fourth quarter and fiscal year 2020 results on Thursday, March 4, 2021, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call ...

Retail stocks in retreat following short squeeze action include Dillard's ([[DDS]] -14.1%), Fossil ([[FOSL]] -11.5%), Stitch Fix ([[SFIX]] -7.5%), Blue Apron ([[APRN]] -6.3%), Michaels ([[MIK]] -5.0%), Conn's ([[CONN]] -4.9%), Macy's ([[M]] -6.0%) and XpresSpa Group ([[XSPA]] -10.3%), Those n...

Craft seller Michaels has had a great comeback and its share price has soared higher. Enterprise value is still a factor that must be taken into consideration. The current state of the economy has provided what could become only a temporary boom to business that I question can be ...

Document Security Systems (DSS) -31% on stock offering.Gevo (GEVO) -25% on stock offering.BioLineRx (BLRX) -22% on equity offering.Bionano Genomics (BNGO) -19% on pricing of stock offering.Histogen (HSTO) -12% on FDA clinical hold of planned study for HST-003.AcelRx P...

Michaels Companies (MIK) has appointed Patrick “Joe” Venezia, as EVP and COO, effective as of January 18, 2021.Prior to joining the company, Mr. Venezia served as President of Bridgestone Retail Operations, LLC since June 2017.Press release For further details see: Mi...

Gainers: [[OBSV]] +33%. [[DBVT]] +28.1%. [[TUFN]] +21.8%. [[BB]] +17.2%. [[PPIH]] +13.4%.Losers: [[EAF]] -5%. [[MIK]] -4.4%. [[DOGZ]] -3.9%. [[WBAI]] -3.5%. [[LCI]] -3.2%. For further details see: BB, LCI, OBSV and MIK among after-hours movers

New benchmark data from ACI Worldwide (ACIW) reports 24% Y/Y growth in eCommerce transactions globally in December, +22% Y/Y in Q4 and +19% for FY2020. eCommerce transactions in the retail sector expanded 31% and the gaming sector increased 90%. Merchants that offered the “buy online, ...

Shares of arts and crafts retailer The Michaels Companies (NASDAQ: MIK) rose just over 31% in December, according to data from S&P Global Market Intelligence . That price advance came mostly during the first few days of the month, after Michaels held its third-quarter earn...