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Michaels Stores posted stronger profit during the holiday season
(DMN Photo by David Woo) Michaels Stores Inc., the largest U.S. arts and crafts chain, reported a 36 percent increase in fourth-quarter profit on … [visit site to read more]
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More of a 2Q mixed bag ahead: Best Buy, Chico’s, Tiffany, others report next...
Caroline Head, right, clicks through websites on a laptop during a sales tax holiday sale at Best Buy on Friday, August 1, 2014 in Augusta, Ga. Officials said state and local sales taxes in most...
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Arts and crafts chain Michaels posts stronger sales increase and a loss due...
Arts and crafts retailer Michaels Cos. swung to a loss in the second quarter due to IPO costs and a higher interest expense, but the retailer also raised its profit forecast and posted a strong sales...
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Michaels posts 18% profit increase
The Michaels Cos. reported an 18 percent increase in profit on higher sales and lower interest expense. The largest U.S. arts and crafts chain had expressed worries that it was facing tough...
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