|Bid||7.84 x 800|
|Ask||0.00 x 4000|
|Day's range||8.77 - 9.05|
|52-week range||7.78 - 21.11|
|Beta (3Y monthly)||1.29|
|PE ratio (TTM)||4.43|
|Earnings date||28 Aug 2019 - 3 Sep 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.45|
The Michaels Companies, Inc. (MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), intends to offer $500 million in aggregate principal amount of Senior Notes due 2027 (the “Notes”). The Issuer intends to use the net proceeds from the offering, together with cash on hand, to redeem its existing 5.875% Senior Subordinated Notes due 2020. The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Act”), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and other applicable securities laws.
Michaels (MIK) posts in-line earnings in first-quarter fiscal 2019 while sales lag estimates. Further, it tweaks earnings guidance for fiscal 2019 based on tariff-related woes.
The first quarter largely met expectations, but its interim management team is tweaking the business model to address some recent challenges.
The arts and crafts retailer delivered on its financial promises in the first quarter, but management cut full-year earnings targets by 2%.
Michaels (MIK) delivered earnings and revenue surprises of 0.00% and -1.01%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
IRVING, Texas-- -- Comparable store sales decreased 2.9% Operating income of $92.7 million; adjusted operating income of $101.4 million Diluted EPS of $0.24; adjusted diluted EPS of $0.31 Updates FY19 Guidance to reflect 25% tariffs The Michaels Companies, Inc. today reported diluted earnings per share for the first quarter of fiscal 2019 of $0.24, or $0.31 per adjusted diluted share excluding a charge ...
The Michaels Companies, Inc. (MIK) today with Cricut, Inc. announce the upcoming availability of Infusible Ink™, an all-new system of Cricut products that brings commercial-level, permanent heat-transfer effects to the consumer do-it-yourself (DIY) space. The Infusible Ink system makes it possible to create a variety of professional-level, richly colored, personalized heat transfer projects right at home. The new family of products will be exclusively available only at Michaels starting Friday, June 21 through October 1, 2019.
Michaels (MIK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Michaels' (MIK) strained margins trend due to higher expenses may continue in first-quarter fiscal 2019. However, its efforts to boost omni-channel experience are encouraging.
The Michaels Companies, Inc. (MIK) today announced that the Company plans to report first quarter sales and earnings results on Thursday, June 6, 2019, 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. CT on Thursday, June 6, 2019, to discuss its financial and operational results. Investors who would like to join the conference call are encouraged to pre-register for the conference call using the following link: http://dpregister.com/10130926.
Michaels (MIK) grapples with soft margins due to elevated costs. But its focus on delivering enhanced omni-channel experience by integrating e-commerce and in-store operations looks promising.
The Michaels Companies, Inc. (MIK), the largest arts and crafts retail chain in North America, today unveils new custom framing capabilities designed to deliver a more convenient customer experience when customizing photos and artwork, both online and in-store nationwide. Additionally, more than 150 new frame offerings – bringing the total offered at Michaels to more than 400 – provide consumers even more solutions to frame those special memories, making it easier than ever to mat and hang photos, custom creations or prized possessions in fresh, fun and unique ways. Michaels is one of the only custom framing solutions that allows customers the opportunity to shop the way that works best for them – online, in-store or both – and placing an order for your custom frame is easier than ever.
Michaels (MIK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
A quirk in the arts and crafts retailer's fiscal calendar led to some difficult year-over-year comparisons in the fourth quarter.
Michaels (MIK) posts better-than-expected fourth-quarter fiscal 2018 results. Moreover, the company remains confident about its strategic efforts.