Worker Strikes: Are You Prepared for What's Coming?
The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to jobs, pushing America's financial system to its limits. The recent Longshoremen's Strike is just one example; we've also seen Hollywood actors and voice performers strike over AI-related concerns, reflecting a much larger crisis on the horizon.
About The Michaels Companies, Inc
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and other sub-brands. In addition, it owns and operates Artistree, which supplies precut mats and custom framing merchandise. As of January 30, 2021, the company operated approximately 1,252 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, Canada.Michaels.com, and michaelscustomframing.com websites, as well as through its Michaels app. The company was incorporated in 1983 and is headquartered in Irving, Texas.
General
| Name | The Michaels Companies, Inc |
| Ticker | MIK |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Specialty Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | February |
| Full Time Employees | 11,000 |
Highlights
| Analyst Target | 17.52 |
| Market Cap | 3,107,246,080 |
| PEG Ratio | 0.74 |
| EBITDA | 726,464,000 |
Share Stats
| Shares Outstanding | 141,656,992 |
| Shares Float | 87,770,199 |
| Shares Short | 13,227,630 |
| Insider Holdings | 58% |
| Institution Holdings | 121.94% |
Highlights
| Analyst Target | 17.52 |
| Market Cap | 3,107,246,080 |
| PEG Ratio | 0.74 |
| EBITDA | 726,464,000 |
Valuation
| Trailing PE | 11.06 |
| Forward PE | 9.06 |
| Price/Sales (Trailing 12 Mt.) | 0.62 |
Earnings
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