press release

Aug. 25, 2020, 4:15 p.m. EDT

The Michaels Companies to Host Virtual Investor Day on September 24, 2020

The Michaels Companies, Inc. /zigman2/quotes/207984083/composite MIK -0.86% today announced that it will be hosting a Virtual Investor Day on Thursday, September 24, 2020. Chief Executive Officer, Ashley Buchanan and other members of the Michaels executive team, will provide a strategic overview including an update on the Company’s Maker Strategy, growth opportunities with our Makers, and a financial discussion including capital allocation strategy and a long-term financial algorithm. Upon the conclusion of the executive presentations, the Company will host a live question and answer session.

The live event will begin at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) and is expected to conclude at approximately 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The event may be accessed through the Investor Relations section of the Michaels website at www.investors.michaels.com . Presentation materials and an archived replay will be available on the website shortly after the event concludes.

The Michaels Companies Virtual Analyst Day

  • When: Thursday, September 24, 2020

  • Time: 8:00 a.m. to 10:00 a.m. CT (9:00 a.m. to 11) approximately

  • Webcast: www.investors.michaels.com ; replay will also be archived on this website

  • Those interested in participating in the day, are invited to pre-register via the link available on investors.michaels.com

For additional information, please feel free to contact Investor Relations at investorrelations@michaels.com .

About The Michaels Companies, Inc.:

The Michaels Companies, Inc. is North America's largest specialty provider of arts, crafts, framing, floral, wall décor, and seasonal merchandise for Makers and do-it-yourself home decorators. The Company operates more than 1,270 Michaels stores in 49 states and Canada. Additionally, the Company serves customers through a variety of digital platforms including Michaels.com, Canada.michaels.com, consumercrafts.com and aaronbrothers.com. The Michaels Companies, Inc., also owns Artistree, a manufacturer of high-quality custom and specialty framing merchandise. For a list of store locations or to shop online, visit www.michaels.com or download the Michaels app.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200825005811/en/

SOURCE: The Michaels Companies, Inc.

Investor Contact:
Jim Mathias
972.409.1393
Investorrelations@michaels.com
or
Financial Media Contact :
ICR, Inc.
Jessica Liddell/ Julia Young
203.682.8200
Michaels@icrinc.com

COMTEX_370020776/2456/2020-08-25T16:15:02

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Copyright Business Wire 2020

/zigman2/quotes/207984083/composite
US : U.S.: Nasdaq
$ 21.83
-0.19 -0.86%
Volume: 25.93M
March 4, 2021 4:00p
P/E Ratio
11.06
Dividend Yield
N/A
Market Cap
$3.09 billion
Rev. per Employee
$115,274
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