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Michaels Stores

Michaels Stores
1973 FOUNDED
PUBLIC STATUS
45K-50K EMPLOYEES
MIK STOCK SYMBOL
4 INVESTMENTS
$5.18 SHARE PRICE (As of Friday Closing)
Description

The Michaels Companies Inc is an arts and crafts specialty retailer in North America. The company provides materials, project ideas, and education for creative activities like crafting classes, store events, store displays, mobile applications, and online videos. The company sells merchandise through two stores: Michaels and Aaron Brothers. Michaels' revenue segments are general crafts, home decor and seasonal, framing, and paper crafting. Aaron Brothers offer unique framing assortments. The company operates its own distribution network through a wholly owned subsidiary to supply merchandise in the stores.

Ownership Status
Publicly Held
Financing Status
Private Equity-Backed
Primary Industry
Specialty Retail
Stock Exchange
NAS
Primary Office
  • 7635 North MacArthur Boulevard
  • MacArthur Park
  • Irving, TX 75063
  • United States

+1 (972) 000-0000
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Michaels Stores Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$4.96 - $20.81 $819M $5.23 $2.04 2.83M 158M

Michaels Stores Financials Summary

In Thousands,
USD
TTM
30-Apr-2019
FY 2019
31-Jan-2019
FY 2018
31-Jan-2018
FY 2017
31-Jan-2017
Enterprise Value 4,237,296 5,013,540 7,540,625 6,570,942
Revenue 5,210,154 5,271,944 5,361,960 5,197,292
EBITDA 780,801 688,410 853,769 823,844
Net Income 330,351 319,545 390,498 378,159
Total Assets 3,679,258 2,128,336 2,300,215 2,147,640
Total Debt 4,381,166 2,705,900 2,726,664 2,754,312
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Michaels Stores Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Michaels Stores Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
A.C. Moore Arts & Crafts Formerly PE-Backed Berlin, NJ 0000 00000 000000&0 00000
00000000000 000000 Formerly PE-Backed Corte Madera, CA 0000 00000 000000000. 0 00000
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Michaels Stores Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 0000000 03-Aug-2016 000000000000000000 00.000 General Merchandise Stores 0000 0000000
000000 02-Feb-2016 000000000000000000 00000 Distributors/Wholesale (B2C) 0000 00000
0000 000000000 000 04-May-2000 000000000000000000 Distributors/Wholesale (B2C)
Aaron Brothers 08-Mar-1995 Merger/Acquisition 00.00 Distributors/Wholesale
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Michaels Stores Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 0000000 03-Aug-2016 000000000000000000 00.000 Completed
  • 00000000 000000
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Michaels Stores Subsidiaries (2)

Company Name Industry Location Founded
Darice Distributors/Wholesale (B2C) Strongsville, OH 1954
00000 00000000 Distributors/Wholesale Coppell, TX 0000
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Michaels Stores Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Michaels Stores Executive Team (24)

Name Title Board
Seat
Contact
Info
Carl Rubin Chief Executive Officer & Chairman of the Board
Mark Cosby Chief Executive Officer & Board Member
Philo Pappas President
Denise Paulonis Chief Financial Officer & Executive Vice President
Stephen Carlotti Executive Vice President

17 Former Executives

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Michaels Stores Board Members (14)

Name Representing Role Since Contact
Info
00000 0000 Self Board Member 000 0000
0000 00000 Michaels Stores Chief Executive Officer & Chairman of the Board 000 0000
00000 000000 Self Chairman & Board Member 000 0000
000000 0000000000 Self Board Member 000 0000
0000 00000 Michaels Stores Chief Executive Officer & Board Member 000 0000

5 Former Board Members

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