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COMPANY BENCHMARKING • UNITED STATES

Michaels Companies, Inc. - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Michaels Companies, Inc. stacks up to the competition and put relevant competitor and industry information at your fingertips.


Michaels Companies, Inc. - Overview

Brands
Custom Framing, Michaels
Description
Michaels Companies is a private company headquartered in Texas with an estimated 45,000 employees. In the US, the company has a notable market share in at least three industries: Hobby & Toy Stores, Fabric, Craft & Sewing Supplies Stores, Online Hobby & Craft Supplies Sales and Hobby & Toy Stores. Their largest market share is in the Fabric, Craft & Sewing Supplies Stores industry, where they account for an estimated 25.3% of total industry revenue.
Company Details

Registered Name: Michaels Companies, Inc.

Company Type: Operating

Headquarters: 3600 W Royal Ln Irving TX 75063

Website: https://www.michaels.com/

Employees: 45000

Michaels Companies, Inc. - Operating Industries and Main Competitors

error_outline To view all of Michaels Companies, Inc.'s operating industries and competitors, see purchase options.

Michaels Companies, Inc. - Products and Services

  • Hobby & Toy Stores in the US

    • Of the 5 core revenue-generating products and services in the Hobby & Toy Stores in the US industry, Michaels Companies, Inc. offers:
    • Craft supplies
    • Hobby goods
    • Toys
    • AAAAA AAAAA

  • Online Hobby & Craft Supplies Sales in the US

    • Of the 4 core revenue-generating products and services in the Online Hobby & Craft Supplies Sales in the US industry, Michaels Companies, Inc. offers:
    • Fabrics
    • Hobby goods
    • Patterns
    • AAAAA AAAAA

  • Fabric, Craft & Sewing Supplies Stores in the US

    • Of the 3 core revenue-generating products and services in the Fabric, Craft & Sewing Supplies Stores in the US industry, Michaels Companies, Inc. offers:
    • Fabrics
    • Patterns and other
    • Sewing and craft supplies
error_outline To view Michaels Companies, Inc.'s full products and services, see purchase options.

Michaels Companies, Inc. - Analyst Insights

The Michaels Companies Inc. highly values customer satisfaction

The Michaels Companies Inc., which recently transitioned to a private company in April 2021, has taken various measures to gain customer loyalty and build customer satisfaction. In that regard, the company offers customers many coupons in newspapers, direct mailers, via the company’s email program and on the company’s website. Additionally, the company offers in-store price guarantee. In that regard, the company is willing to match a product’s lower price from select online retailers or brick-and-mortar retailers, plus provide an additional 10% off.

ESG|Structural


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

Lorem Ipsum text header Report Title

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Michaels Companies, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Michaels Companies, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Hobby & Toy Stores in the US, Online Hobby & Craft Supplies Sales in the US, and Fabric, Craft & Sewing Supplies Stores in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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lock
Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
  • AAAAA
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Threats
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error_outline To view Michaels Companies, Inc.'s full SWOT analysis, see purchase options.

Michaels Companies, Inc. - Financial Statements & Ratios

pie_chartMichaels Companies, Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/2017
Revenue5,271.15,072.05,271.95,362.05,197.3
Cost of Revenue00000000000000000000
Cost of Revenue, Non-Cash00000000000000000000
Gross Profit00000000000000000000
AAAAAA AAAAAA00000000000000000000

pie_chartMichaels Companies, Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/2017
Cash and Equivalents1,194.4410.0245.9425.9298.8
Short-Term Investments00000000000000000000
Derivative Assets, Current00000000000000000000
Restricted Cash and Investments00000000000000000000
AAAAAA AAAAAA00000000000000000000

pie_chartMichaels Companies, Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/2017
Net Income294.9272.6319.5390.5378.2
Income (Loss) From Discontinued Operations00000000000000000000
Depreciation, Depletion and Amortization00000000000000000000
Amortization of Financing Costs and Discounts00000000000000000000
AAAAAA AAAAAA00000000000000000000

error_outline To view all financial data for Michaels Companies, Inc., see purchase options.

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