Lastest Financial Results

Dec 6, 2018 • 7:00 AM EST

Q3 2018 Quarterly Results

Quarter Ended Nov 3, 2018


Michaels is the #1 arts & crafts specialty retailer in North America*


Pat Catan’s

Pat Catan’s offers a broad assortment of arts & crafts supplies, and DIY home décor.

Pat Catan’s

Aaron Brothers Art & Framing

Aaron Brothers provides frames, custom frames, art supplies and décor.

Aaron Brothers Art & Framing

Consumer Crafts

Consumer Crafts provides the largest variety of craft supplies (over 30,000 items) at low prices.

Consumer Crafts


Darice is the #1 wholesale distributor in the arts & crafts, gift and decor industry.


Darice International Sourcing Group

Darice International Sourcing Group enables our outstanding direct sourcing capabilities.

Darice International Sourcing Group


Artistree is the #1 manufacturer of high-quality, custom and specialty frames.


Latest Annual Filing For year ending February 3, 2018

View Filing


Net sales increased 3.2% from FY 2016


Net income increased 3.0% compared to FY 2016


Diluted earnings per common share increased to $2.10

4.1% CAGR line

Revenue ($M)

Adjusted Operating Margin

For complete information regarding our financials, see our periodic filings

Latest Quarterly Results Quarter Ended Nov 3, 2018

Q3 2018 Highlights

Compareable Store Sales Increased


Operating Income



Earnings Per Share (EPS)



Company Overview

With $5.4 billion in sales in fiscal 2017, The Michaels Companies, Inc. is the largest arts and crafts specialty retailer in North America (based on store count) providing materials, project ideas and education for creative activities. Our vision is to inspire and enable customer creativity, create a fun and rewarding place to work, foster meaningful connections with our communities, and lead the industry in growth and innovation.

We own and operate more than 1,200 stores in 49 states and Canada under the brands Michaels, Aaron Brothers and Pat Catan’s. Additionally, we serve customers through, and 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.

We believe anyone can make, and we’re on a mission to inspire and encourage everyone to unleash his or her inner maker. With crafting classes, store events, project sheets, store displays, mobile applications and online videos, we offer a shopping experience that can inspire creativity and build confidence in our customers’ artistic abilities.

View Presentation

A Holistic Strategy: Vision 2020

Our Vision 2020 strategy is dedicated to enhacing interactions with our customers, providing relevant and trendy products and focusing on new businesses that propel us forward.

Read More

Values to be Proud Of

Our values are deeply rooted in the happiness of our customers and our involvement in our community. We value innovation, simplicity and most of all, having fun.

Read More

More than Half a Century of Creativity

From the beginning, we have dedicated ourselves to inspiring and nurturing the creative pursuits of our customers and community.

Read More

IR Contact Information

Company Information

The Michaels Companies, Inc.
8000 Bent Branch Drive
Irving, TX 85063
T: (972) 409-1000

Investor Relations

The Michaels Companies, Inc.
Kiley F. Rawlins, CFA
8000 Bent Branch Drive
Irving, TX 75063
T: 972-409-7404

Transfer Agent

P.O. Box 30170
College Station, TX 77842-3170
T: 781-575-3100

Market Data copyright © 2018 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.