Michaels Companies Inc. on Yahoo Finance: A Financial Snapshot

Yahoo Finance provides a comprehensive overview of Michaels Companies Inc. (commonly referred to as Michaels), allowing investors and interested parties to track the company’s financial performance and market position. While Michaels is no longer publicly traded, having been acquired by Apollo Global Management in 2021, its historical data remains valuable for analysis and understanding the craft and hobby retail sector.

On Yahoo Finance, users can typically find essential information such as:

• Stock Chart: A visual representation of the company’s historical stock price movement over various timeframes, allowing users to identify trends and patterns. Although no longer actively updated, past charts provide insights into the company’s performance as a publicly traded entity.
• Key Statistics: Crucial financial metrics like market capitalization (pre-acquisition), price-to-earnings (P/E) ratio (pre-acquisition), earnings per share (EPS) (pre-acquisition), dividend yield (if applicable, pre-acquisition), and beta, which measures the stock’s volatility compared to the overall market. These statistics offered a snapshot of the company’s valuation and profitability when it was a public entity.
• Financial Statements: Access to income statements, balance sheets, and cash flow statements, providing a detailed look at the company’s revenue, expenses, assets, liabilities, and cash flow generation. Even post-acquisition, these historical financial statements are useful for comparative analysis.
• Analyst Estimates: Before the acquisition, Yahoo Finance aggregated earnings estimates from financial analysts, offering insights into future performance expectations. These are no longer updated but reflect previous market sentiment.
• Company Profile: A brief overview of Michaels’ business operations, including its products and services, target market, and competitive landscape. This provides context for understanding the company’s financial performance.
• News and Headlines: Articles and press releases related to Michaels, including earnings announcements, acquisitions, and other significant events that might affect the stock price (pre-acquisition). This section keeps users informed about company-specific news and broader industry trends.
• Competitors: A list of Michaels’ key competitors, allowing users to compare the company’s financial performance and market position to its peers. This enables benchmarking and understanding relative strengths and weaknesses.

By utilizing the resources on Yahoo Finance, investors and researchers could gain a well-rounded understanding of Michaels’ historical financial performance, market position, and growth prospects as a publicly traded company. The platform served as a central hub for tracking the company’s progress and making informed decisions based on available data.

It’s important to remember that the data presented on Yahoo Finance for Michaels primarily reflects its performance before its acquisition. While the historical information remains a valuable resource, it doesn’t reflect the company’s current financial standing under private ownership.