$MIK News

Last published 4y ago

4y agoMIKMichaels and Project Sunshine Bring 30,000 Craft Kits to Pediatric Patients NationwideBusiness WirePartnership will bring arts and crafts to children who require long-term hospital stays Kits provide joy and happiness during the healing process The Michaels Companies, Inc. and Project Sunshine are partnering this holiday season to bring joy to
5y agoMIKMichaels to Hire Over 20,000 Employees for the Holiday SeasonBusiness WireSeasonal Hiring Event on August 28 in U.S. stores and September 18 in Canadian stores. The Michaels Companies, Inc., the largest arts and crafts retail chain in North America, today announced it will hire over 20,000 seasonal positions across its U.S
5y agoAPO MIKApollo Announces Completion of the Tender Offer for Shares of The Michaels CompaniesGlobeNewswireNEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- Magic MergeCo, Inc. (the “Purchaser”), an entity controlled by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE:...
5y agoAPO MIKApollo Announces Extension of the Tender Offer for Shares of The Michaels CompaniesGlobeNewswireNEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Magic MergeCo, Inc. (the “Purchaser”), an entity controlled by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE:...
5y agoMIKMichaels Announces Partnership with Instacart for Same-Day DeliveryBusiness WireIRVING, Texas--(BUSINESS WIRE)--Michaels, the leading arts and crafts retailer in North America, today announced the company has launched a pilot program with Instacart, the leading online grocery platform in North America, to deliver from nearly 100 Michaels stores across Chicago, Dallas and Washington D.C. With the new partnership, customers can now shop from thousands of arts and crafts product ...
5y agoMIK JCS SVAC ACNDMoore Kuehn Encourages MIK, SVAC, JCS, and ACND Investors to Contact Law FirmGlobeNewswireNEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims...
5y agoMIKThe Michaels Companies Announces Fourth Quarter and Full Year Fiscal 2020 ResultsBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the fourth quarter and full year fiscal 2020 ended January 30, 2021.
5y agoAPO LVS VICI ZM+3Apollo Global confident in return of business conventions as it strikes deal with Las Vegas SandsCNBCApollo Global's David Sambur told CNBC business conventions could be more popular post-Covid due to more remote work.
5y agoRKT LYFT MIK NCLH+7Stocks making the biggest moves midday: Rocket Companies, Lyft, Michaels, Ambarella & moreCNBCCheck out the companies making headlines in midday trading.
5y agoMIKCrafts retailer Michaels Companies to be bought by Apollo Global in $5 billion dealCNBCCrafts retailer Michaels said it had entered into an agreement to be bought by the private-equity firm Apollo Global Management in a deal valued at $5 billion.
5y agoMIK APOThe Michaels Companies Enters Into a Definitive Agreement to Be Acquired by Funds Managed by Apollo Global ManagementBusiness WireIRVING, Texas & NEW YORK--(BUSINESS WIRE)--The Michaels Companies (NASDAQ: MIK) (“Michaels” or “the Company”) and funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries “Apollo”) today announced that they have entered into a definitive merger agreement pursuant to which investment funds managed by affiliates of Apollo have agreed to ac ...
5y agoMIKThe Michaels Companies to Report Fourth Quarter and Fiscal Year 2020 Results on March 4, 2021Business WireIRVING, Texas--(BUSINESS WIRE)--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 at 8:00 a.m. CT on Thursday, March 4, 2021, to discuss its financial and operatio ...
5y agoMIKMichaels Releases Top “Making” Trends of 2020Business WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK), today released the top trends in making.* Michaels analyzed its 2020 sales and trend data to identify how customers were “making” the most out of their time at home.
5y agoMIKThe Michaels Companies Announces Third Quarter Fiscal 2020 ResultsBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the third quarter fiscal 2020 ended October 31, 2020.
5y agoMIKNew patent application published for: Resettable Breakaway ApparatusUS Patent Applications (USPTO)
5y agoMIKMichaels is Calling On #DifferenceMakers to Creatively Spread Holiday CheerBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK), North America’s largest arts and crafts retailer, launches an initiative to inspire Americans to brighten their communities with creativity. A recent study1 reveals that nearly three quarters of the nation (70%) say that holiday decorations make them happy. With many Americans turning to holiday décor to spark joy during t ...
6y agoMIKThe Michaels Companies to Report Third Quarter Fiscal 2020 Results on December 3, 2020Business WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report third quarter fiscal 2020 results on Thursday, December 3, 2020, 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, December 3, 2020, to discuss its financial and operational ...
6y agoMIKMichaels Is Helping Makers Reimagine Halloween Traditions with DIY HacksBusiness WireIRVING, Texas--(BUSINESS WIRE)--Halloween is just around the corner, and while more than half of Americans celebrate1, things will certainly look different this year. A recent survey by The Michaels Companies, Inc. (NASDAQ: MIK), North America’s largest arts and crafts retailer, revealed that 62% of their customers plan to honor the holiday, but will be doing things differently than in year’s past ...
6y agoBBBY TGT COST KR+4Bed Bath & Beyond teams with Shipt and Instacart for same-day delivery before holidaysCNBCThe option will be available to customers in eligible ZIP codes at a flat-rate fee of $4.99 for orders of more than $39.
6y agoMIKThe Michaels Companies to Host Virtual Investor Day Detailing Progress on Growth InitiativesBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) will host its 2020 Virtual Investor Day this morning to provide an overview of its strategic plan and an update on the Company’s go-to-market transformation to better serve the needs of its Maker customers. The Company will also provide a long-term financial algorithm outlining plans to drive sustainable sales and profit gr ...
6y agoMIKThe Michaels Companies, Inc. Announces Pricing of Senior Secured NotesBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), priced its offering of $375 million in aggregate principal amount of Senior Secured Notes due 2027 (the “Notes”). The Notes are expected to be guaranteed by the Issuer’s parent and substantially all of its subsi ...
6y agoMIKThe Michaels Companies to Discuss Maker Strategy and Driving Sustainable Long-Term GrowthBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) will host its 2020 Virtual Investor Day on Thursday, September 24, 2020. This event will provide an overview of the Company’s strategic plan, including an update on the Company’s Maker Strategy, expanded market opportunities with our Makers, and a financial overview. The event will be hosted by Chief Executive Officer, Ashl ...
6y agoMIKThe Michaels Companies, Inc. Announces Offering of Senior Secured NotesBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: 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 Secured Notes due 2027 (the “Notes”). The Notes are expected to be guaranteed by the Issuer’s parent and substantially all of its subsidiarie ...
6y agoMIKMichaels Unveils Two New Test and Learn Concept Stores in TexasBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc., (NASDAQ: MIK) North America’s largest arts and crafts retail chain, recently transformed two existing hometown retail locations as part of a larger strategy to re-imagine the optimal maker shopping experience. Customers in the North Texas suburbs of McKinney and Plano can expect an entirely new look and feel when they visit their local ...
6y agoMIKMichaels to Hire Over 16,000 Employees for the Holiday SeasonBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK), the largest arts and crafts retail chain in North America, today announced it will hire over 16,000 seasonal positions across its U.S. and Canada stores and distribution centers in preparation for the 2020 holiday season.
6y agoDOCU AVGO YUMC TSLA+9Stocks making the biggest moves in the premarket: DocuSign, Broadcom, Tesla, Grubhub & moreCNBCThe stocks making the biggest moves in premarket trading include DocuSign, Broadcom, Tesla, Grubhub, and more.
6y agoMIK LULUHere are Friday's biggest analyst calls of the day: Peloton, Wayfair, Lululemon, Baxter & moreCNBCHere are the biggest calls on Wall Street on Friday
6y agoMIKThe Michaels Companies Announces Second Quarter Fiscal 2020 ResultsBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the second quarter fiscal 2020 ended August 1, 2020.
6y agoMIKThe Michaels Companies to Host Virtual Investor Day on September 24, 2020Business WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced that it will be hosting a Virtual Investor Day on Thursday, September 24, 2020. Chief Executive Officer, Ashley Buchanan and other members of the Michaels executive team, will provide a strategic overview including an update on the Company’s Maker Strategy, growth opportunities with our Makers, and a financi ...
6y agoMIKMichaels Expands Maker Resources With Launch of MichaelsPro™Business WireIRVING, Tx.--(BUSINESS WIRE)--The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, today announced the launch of MichaelsPro™, a new program focused on serving small businesses and ‘Makerpreneurs’ across the country.
6y agoAZN-GB PSON-GB DIS BX+13Stocks making the biggest moves in the premarket: AstraZeneca, Pearson, Blackstone, Apple & moreCNBCThe stocks making the biggest moves in premarket trading include AstraZeneca, Pearson, Blackstone, Apple, and more.
6y agoMIKThe Michaels Companies Appoints Michael Diamond Chief Financial OfficerBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced that Michael Diamond has been appointed Executive Vice President-Chief Financial Officer, effective September 1, 2020. A seasoned financial executive, Diamond will report directly to Chief Executive Officer, Ashley Buchanan.
6y agoMIKThe Michaels Companies to Report Second Quarter Fiscal 2020 Results on September 3, 2020Business WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report second quarter fiscal 2020 results on Thursday, September 3, 2020, 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, September 3, 2020, to discuss its financial and operation ...
6y agoMIKMichaels Revamps Loyalty Program to Reward Customers for Making MoreBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, has updated its Michaels Rewards loyalty program to reward customers in more ways.
6y agoMIKAstonishing market moves: Retailer Michaels surges a record 58% on a JPMorgan upgradeCNBCJPMorgan upgraded shares of Michaels to overweight from neutral on Monday.
6y agoUAL AAL DAL LUV+17Stocks making the biggest moves midday: United Airlines, Carnival, GrubHub, Zillow, JetBlue & moreCNBCAirlines and cruise lines all got a boost while GrubHub shares were under pressure.
6y agoBA UAL DAL AAL+18Stocks making the biggest moves in the premarket: Boeing, Thor Industries, Facebook, Apple & moreCNBCThe stocks making the biggest moves in premarket trading include Boeing, Thor Industries, Facebook, Apple, and more.
6y agoMIKThe Michaels Companies, Inc. (MIK) CEO Ashley Buchanan on Q1 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoAAL UAL DAL MGM+17Stocks making the biggest moves midday: American Airlines, MGM Resorts, Carnival, Fossil & moreCNBCTake a look at the companies making headlines in midday trading.
6y agoSJM NAV TIF CIEN+9Stocks making the biggest moves in the premarket: JM Smucker, Tiffany, Navistar, Costco & moreCNBCThe stocks making the biggest moves in premarket trading include Tiffany, J.M. Smucker, Navistar, Costco, and more.
6y agoMIKThe Michaels Companies Announces First Quarter Fiscal 2020 ResultsBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the first quarter fiscal 2020 ended May 2, 2020.
6y agoMIKThe Michaels Companies, Inc. Announces 2020 Annual Meeting Of Stockholders To Be Held As Virtual MeetingBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (Nasdaq: MIK) (the “Company”) today announced that, in light of public health and safety precautions related to the COVID-19 pandemic, including restrictions on in-person gatherings, the Company’s 2020 annual meeting of stockholders will be changed from an in-person meeting to a virtual-only meeting. The annual meeting will be held on Ju ...
6y agoMIKMichaels is Calling All #differencemakersBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, is launching a month-long initiative to recognize consumers who are crafting, constructing and creating for the greater good during COVID-19.
6y agoMIK UPSUPS and Michaels Launch Contactless Curbside Pickup of Packages and Return Drop-Offs at UPS Access Point LocationsBusiness WireIRVING, Texas & ATLANTA--(BUSINESS WIRE)--The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, and UPS (NYSE: UPS) today announce curbside service at UPS Access Point® locations located within more than 800 Michaels stores nationwide.
6y agoMIK DIS ULTA ODP+2InStride Adds Former Disney and Michaels Senior Executives to Its Advisory BoardBusiness WireLOS ANGELES--(BUSINESS WIRE)--InStride, the premier global provider of Strategic Enterprise Education™, has announced the addition of two members to its InStride Advisory Board (IAB), further solidifying InStride’s relationships with corporate partners seeking to educate and develop their workforces.
6y agoMIKThe Michaels Companies, Inc. (MIK) CEO Mark Cosby on Q4 2019 - Earnings Call TranscriptEarnings Call Transcripts
6y agoLB AEO JWN PLCE+7L Brands, American Eagle, other retailers withdraw earnings outlooks as coronavirus shuts stores, some are tapping credit linesCNBCNobody truly knows what the coronavirus is going to look like a month from now, a week from now, or even tomorrow.
6y agoMIKThe Michaels Companies Announces Fourth Quarter and Full Year Fiscal 2019 ResultsBusiness WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the fourth quarter and full year fiscal 2019 ended February 1, 2020.
6y agoMIKThe Michaels Companies to Report Fourth Quarter and Full Year Fiscal 2019 Results on March 17, 2020Business WireIRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report fourth quarter and full year fiscal 2019 results on Tuesday, March 17, 2020, 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 Tuesday, March 17, 2020, to discuss its financial and ope ...
6y agoWMT TGT MIKWalmart earnings: $1.38 a share, vs $1.43 EPS expectedCNBCAs Walmart's grocery business has been on fire, its e-commerce operations have been more controversial. And some of its bets have failed.