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Financials
| Profit Margin | 0.06 |
| Return on Assets | 0.09 |
| Revenue | 5,271,112,192 |
| Earnings Per Share | 1.98 |
| Revenue Per Share | 35.97 |
| Gross Profit | 1,996,977,000 |
| Quarterly Revenue Growth | 0.11 |
General
| Name | The Michaels Companies, Inc |
| Ticker | MIK |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Specialty Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | February |
| Full Time Employees | 11,000 |
About The Michaels Companies, Inc
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and other sub-brands. In addition, it owns and operates Artistree, which supplies precut mats and custom framing merchandise. As of January 30, 2021, the company operated approximately 1,252 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, Canada.Michaels.com, and michaelscustomframing.com websites, as well as through its Michaels app. The company was incorporated in 1983 and is headquartered in Irving, Texas.
Earnings
Asia And Europe Markets In Red; Oil Recovers Slightly, Gold Nears $2,700 - Global Markets Today While US Slept
US markets closed lower Tue, with Nasdaq dropping 1%. Earnings mixed, finance outperformed, healthcare disappointed. NY Empire State Manufacturing Index fell to -11.9. Most S&P 500 sectors down, Dow -0.75%, S&P 500 -0.76%, Nasdaq -1.01%. Japan's Nikkei -1.87%, Australia's S&P/ASX 200 -0.41%, India's Nifty 50 -0.31%, China's Shanghai +0.05%, Shenzhen -0.63%, Hong Kong -0.16%. European STOXX 50 -0.66%, DAX -0.53%, CAC -0.47%, FTSE 100 +0.66%. Crude Oil WTI +0.06%, Brent +0.04%, Natural Gas -0.32%, Gold +0.68%, Silver +1.04%, Copper +1.10%. US Futures: Dow -0.04%, S&am
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