Michaels Compans

MIK NASDAQ
7.81
-0.56
-6.69%
After Hours: 7.81 0 0.00% 17:04 07/19 EDT
Open
7.69
Prev Close
8.37
High
7.95
Low
7.53
Volume
2.99M
Avg Vol (3M)
2.77M
52 Week High
21.11
52 Week Low
7.39
% Turnover
1.89%
Market Cap
1.24B
1D
5D
1M
3M
1Y
5Y

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Company Profile

The Michaels Companies, Inc. (Michaels) is an arts and crafts specialty retailer in North America. The Company's segments include Michaels-U.S., Michaels-Canada, Aaron Brothers, Pat Catan's and Darice. As of January 28, 2017, the Company operated 1,223 Michaels retail stores in 49 states and Canada, with approximately 18,000 average square feet of selling space per store. It operated 109 Aaron Brothers stores in nine states, with approximately 5,500 average square feet of selling space and 35 Pat Catan's stores in five states, with approximately 32,000 average square feet of selling space, as of January 28, 2017. The Company also operates an international wholesale business under the Darice brand name. The Company's stores purchase custom frames, framing supplies and mats from its framing operation and subsidiary, Artistree, Inc. (Artistree), which consists of a manufacturing facility and four regional processing centers.
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