The Michaels Companies, Inc.
2016-08-11

The Michaels Companies, Inc. to Report Second Quarter 2016 Financial Results on August 25, 2016

IRVING, Texas, Aug. 11, 2016 (GLOBE NEWSWIRE) -- The Michaels Companies, Inc. (NASDAQ:MIK) today announced that it will report second quarter results on Thursday, August 25, 2016, before the opening of financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Thursday, August 25, 2016, to discuss the 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/10091269.  Callers who pre-register will be given a conference call passcode and a unique PIN to gain immediate access to the call and bypass the live operator.  Participants may pre-register at any time, including up to and after the call start time. 

Investors without internet access or who are unable to pre-register can join the call by dialing (866) 777-2509 or (412)-317-5413.

The conference call will also be webcast at http://investors.michaels.com/. To listen to the live call, please go to the website at least 15 minutes before the call is scheduled to begin to register and download any necessary audio software. The webcast will be accessible for 30 days after the call.  Additionally, a telephone replay will be available until September 8, 2016, by dialing (877) 344-7529 or (412) 317-0088, access code 10091269.

About The Michaels Companies, Inc.

The Michaels Companies, Inc. is North America's largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator.  As of April 30, 2016, the Company owned and operated 1,352 stores in 49 states and Canada under the brands Michaels, Aaron Brothers, and Pat Catan's.  The Michaels Companies, Inc., also owns Artistree, a manufacturer of high quality custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the craft, gift and decor industry.  The Michaels Companies, Inc. produces a number of exclusive private brands including Recollections®, Studio Decor™, Bead Landing®, Creatology®, Ashland®, Celebrate It®, Art Minds®, Artist's Loft®, Craft Smart®, Loops & Threads®, Make Market®, Foamies®, LockerLookz®, and Sticky Sticks®. Learn more about Michaels at www.michaels.com.

Investor Contacts:
Kiley F. Rawlins, CFA
972.409.7404
Kiley.Rawlins@michaels.com 

ICR, Inc.
Farah Soi/Anne Rakunas
203.682.8200
Farah.Soi@icrinc.com/Anne.Rakunas@icrinc.com 

or

Financial Media Contacts:
ICR, Inc.
Michael Fox/Kristina Jorge
203.682.8200
Michaels@icrinc.com 

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Source: Michaels Stores, Inc.

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