• S&P 400
  • # 523 FORTUNE 1000 (May 2019)

The Michaels Companies Inc

Michaels
8000 Bent Branch Dr
Irving, TX, 75063-6023  United States
(972) 409-1300
Company Type: Public Parent

Michaels Companies has flourished with flowers and benefited from beads. The growing company is the US' #1 arts and crafts retailer with more than 1,250 Michaels stores across the country and in Canada. Its 45,000 products include art/hobby supplies, décor, frames, party and seasonal products, and silk and dried flowers. Michaels carries well-known national brands, but relies on its portfolio of private brands -- including Artist's Loft, Art Minds, and Craft Smart -- which are often category leaders. It also operates an international wholesale business through Darice and makes frames and molding for company stores via its Artistree subsidiary. Michaels generates most of its sales in the US and is partially owned by Bain Capital Partners and The Blackstone Group.

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  • ASSETS (MIL USD) 2,128
  •  SALES (MIL USD) 5,271.94
  • TICKER SYMBOL MIK
  • Incorporated 1983
  • MARKET VALUE (MIL USD) 1,260.6
  • FISCAL YEAR END FEB
  • SALES GROWTH % -1.68%
  • EMPLOYEE GROWTH % -4.08%
  • NET INCOME GROWTH -18.17%
  • CREDIT PRESCREEN LOW RISK

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  • Carl S. Rubin
    Chairman and CEO
  • Charles M. Sonsteby
    Vice Chairman
  • Michael J. Veitenheimer
    EVP, General Counsel, and Secretary
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The Michaels Companies Inc

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