Inactive Instrument

The Michaels Companies, Inc.

MIK

US59408Q1067

The Michaels Companies to Close Pat Catan’s Arts & Craft Stores in Fourth Quarter of Fiscal 2018

January 30, 2019 at 07:00 pm IST

The Michaels Companies, Inc. announced its decision to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states. The Company intends to rebrand up to 12 of the closed Pat Catan’s stores and reopen them under the Michaels banner. The Company also updated guidance for the fourth quarter of fiscal 2018, excluding the impact of any restructuring charges related to the Pat Catan’s store closures.

Latest news about The Michaels Companies, Inc.

The Michaels Companies, Inc. Announces Plans to Expand Assortment and Lower Prices on Fabric	06/03	CI
Michaels and Project Sunshine Bring 30,000 Craft Kits to Pediatric Patients Nationwide	21/21/21	CI
Affirm and The Michaels Companies, Inc. Partner to Deliver a New, Flexible Way to Pay for Arts and Crafts	16/21/16	CI
Michaels : Plans to Hire Over 20,000 Staff Persons for the Holiday Season	24/21/24	MT
Insider Trends: Selling By Insiders Lingers at The Michaels Companies	20/21/20	MT
The Michaels Companies, Inc. Announces Board Changes	15/21/15	CI
Apollo Global Management : Completes Tender Offer for Michaels Cos. Shares	15/21/15	MT
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P Composite 1500	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P 600	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P TMI Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P 1000	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P Global BMI Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P 600 Consumer Discretionary	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from S&P Retail Select Industry Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 2000 Dynamic Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 2000 Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 3000 Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 2500 Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 2000 Value Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell Small Cap Completeness Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell Small Cap Comp Value Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 2500 Value Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 3000 Value Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 3000E Index	15/21/15	CI
The Michaels Companies, Inc.(NasdaqGS:MIK) dropped from Russell 3000E Value Index	15/21/15	CI

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Company Profile

Michaels Companies Inc is a United States-based arts and crafts specialty retailer. The shop category of the Company includes cricut, art supplies, yarn, needlework, crochet, & knitting, frames, storage, apparel crafts, baking supplies, beads and jewelry, canvas, crafts and hobbies, craft machines, decor, fabric shop, floral, holidays and occasions, kids, office supplies, paint, papercraft, party, teacher supplies and wedding.

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