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Stock impact report

Michaels Lowers Prices on Thousands of Arts, Crafts and DIY Items

THE MICHAELS COMPANIES (MIK) 
Last the michaels companies earnings: 3/17 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.michaels.com
Company Research Source: GlobeNewswire
IRVING, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Michaels, the best place for all things creative, today announced lower prices on over 5,000 items across categories spanning arts, crafts, DIY and home décor, offering customers everyday savings on the products they shop the most. With these latest markdowns, Michaels is helping customers fuel the joy of creativity while maximizing value. Lower prices are now in effect across categories including home décor, art supplies, seasonal items, kids' projects, wall frames, and more. To keep creativity accessible for as many customers as possible, the prices of frequently bought items like paint, markers and pens have been reduced by up to 15%; adhesive and permanent vinyl, papers, stickers, and unfinished wood letters have been reduced by up to 20%; canvases have been reduced by up to 35%, and T-shirts have been reduced by up to 40%. “It’s more important than ever to deliver exceptional value for every customer looking to stretch their d Show less Read more
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