MIK News and Press, The Michaels Companies Inc. From 02/20/19

From any fundamental standpoint, craft, seasonal, and gift manufacturer CSS Industries ( CSS ) looks ridiculously undervalued. At the end of Q3, the midpoint of FY19 (ending March) guidance suggested an EV/EBITDA multiple right at 5x. But cash builds in fiscal Q4; balance sheet figures as of J...

The arts and crafts specialty retailer commits to making great futures by providing spaces, supplies, and skills needed to shape innovative leaders The Michaels Companies, Inc. (NASDAQ: MIK) today announced a new three-year partnership with Boys & Girls Clubs of America and Boys &...

The arts and crafts specialty retailer makes crafting easier for guests on all of the line’s 26 cruise ships The Michaels Companies, Inc. (NASDAQ: MIK) today announced a new partnership with Carnival Cruise Line as the exclusive arts and crafts provider fleet-wide for guests ...

NEW YORK, Jan. 31, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CIT Group Inc. (NYSE:CIT), Devon Energy Corporation (NYSE:DVN), Red Rock ...

The Michaels Stores (NASDAQ: MIK ) expects Q4 comparable store sales growth to fall on the low end of its guidance range of -0.5% to +0.5%. More news on: The Michaels Companies, Consumer stocks news, Earnings news and commentary, Stocks on the move, Read more ...

The Michaels Companies (NASDAQ: MIK ) says it plans to close all of its Pat Catan's stores in FQ4. More news on: The Michaels Companies, Consumer stocks news, Stocks on the move, Read more ...

Company Intends to Rebrand and Reopen Up to 12 Locations as Michaels Stores in Fiscal 2019 Management Updates 4Q Guidance, Excluding Impact from Pat Catan’s Closures The Michaels Companies, Inc. (NASDAQ: MIK) today announced its decision to close all of its Pat Catan&#...

Our Long Idea reports aim to identify firms that, despite market fears, unimpressive GAAP earnings, and other noise , have profitable businesses and highly undervalued stock prices. All of our reports aim to show investors how to use our research and display the transparency of our analytic...

Michaels Companies ( MIK ) reported Q2 results not long ago, sending shares into yet another free fall. After listening in on the company's earnings call, we believe that the headwinds in the arts & crafts ("A&C") space are secular and underemphasized by management. Source: Forbes ...