A quirk in the arts and crafts retailer's fiscal calendar led to some difficult year-over-year comparisons in the fourth quarter.
News & Analysis: Michaels Stores
MIK earnings call for the period ending February 3, 2019.
The company's new CEO helped deliver better-than-expected quarterly results.
A veteran retail executive will take over the CEO job, at least on a temporary basis.
The arts and crafts retailer is closing down an underperforming chain of stores in Ohio, and this holiday season's sales are turning out a bit lower than expected.
The arts and crafts retailing veteran beat its own third-quarter targets thanks to strong in-store foot traffic and a bountiful stock repurchase program.
MIK earnings call for the period ending October 31, 2018.
Micron and Michaels are selling at bargain-bin discounts, for all the wrong reasons.
The crafting supplies retailer published a mixed second-quarter report this morning, which fell short of management's same-store sales targets.
The arts and crafts retail giant wants to attract and serve a wider range of customers, starting with some new store concepts leading up to the holidays.