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Home > Company Index > Specialty Retail > Toy & Hobby Retailing > Michaels Stores, Inc.

Michaels Stores, Inc.
Nasdaq: MIKE
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 NEWS FROM THE WIRES
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Aug 16 2001 02:10 PM PDT

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Aug 13 2001 03:02 PM PDT

Australian Stocks - Factors to watch-Aug 14
Aug 13 2001 03:00 PM PDT

Michaels July same-store sales up 4 percent
Aug 09 2001 04:44 AM PDT

More WIRE STORIES about this company

 PROFILE
You can always count on Michaels for a good yarn. The nation's #1 arts and crafts retailer operates more than 650 Michaels Stores canvassing the US, Canada, and Puerto Rico. Michaels stores sell silk and dried flowers, art and hobby supplies, frames, needlecraft kits -- virtually everything an artist, decorator, or hobbyist needs. Employees hold workshops and teach classes on crafts to generate interest and boost sales. Michaels also operates a frame-making division; about 125 Aaron Brothers stores, mostly on the West Coast, that provide framing and art supplies; a wholesale business; and a Web site that offers arts, crafts, and decorating tips, as well as selling arts and crafts supplies, prints, and posters online.

 COMPETITION
Hobby Lobby Stores, Inc. (dossier)
Jo-Ann Stores, Inc. (JAS)
Wal-Mart Stores, Inc. (WMT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 2,249.40
1-Yr. Sales Growth: 19.5%
Employees: 33,000
Revenue per employee: $68,163.64

 KEY PEOPLE
• R. Michael Rouleau
    CEO
• Bryan M. DeCordova
    CFO

 CONTACT INFO
8000 Bent Branch Dr.
Irving, TX 75063
US
Phone: 972-409-1300
Fax: 972-409-1556
Online: Web Site

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