Last $23.73 USD
Change Today +0.50 / 2.15%
Volume 110.8K
MIK On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 12:31 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for michaels cos inc/the (MIK)

Year over year, The Michaels Companies, Inc. has been able to grow their bottom line from $200.0M USD to $243.0M USD primarily through revenue growth ($4.4B USD to $4.6B USD). For while the costs associated with cost of goods, SGA and income tax all increased as a percentage of sales, the growth in top line revenues contributed enough to still see net income improve.
Currency in
Millions of US Dollars
As of:Jan 29
2011
Jan 28
2012
Restated
Feb 02
2013
Reclassified
Feb 01
2014
Reclassified
4 Year
Trend
Revenues4,031.04,210.04,408.04,570.0
TOTAL REVENUES4,031.04,210.04,408.04,570.0
Cost of Goods Sold2,467.02,525.02,638.02,743.0
GROSS PROFIT1,564.01,685.01,770.01,827.0
Selling General & Admin Expenses, Total1,076.01,140.01,165.01,212.0
OTHER OPERATING EXPENSES, TOTAL1,076.01,140.01,165.01,212.0
OPERATING INCOME488.0545.0605.0615.0
Interest Expense-276.0-254.0-245.0-215.0
NET INTEREST EXPENSE-276.0-254.0-245.0-215.0
Currency Exchange Gains (Loss)2.0-4.01.0-2.0
Other Non-Operating Income (Expenses)-12.0-5.0----
EBT, EXCLUDING UNUSUAL ITEMS202.0282.0361.0398.0
Merger & Restructuring Charges---7.0-5.0-5.0
Other Unusual Items, Total-53.0-18.0-41.0-14.0
Other Unusual Items-53.0-18.0-33.0-14.0
EBT, INCLUDING UNUSUAL ITEMS149.0257.0315.0379.0
Income Tax Expense46.0100.0115.0136.0
Earnings from Continuing Operations103.0157.0200.0243.0
NET INCOME103.0157.0200.0243.0
NET INCOME TO COMMON INCLUDING EXTRA ITEMS103.0156.0200.0242.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS103.0156.0200.0242.0
 

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MIK:US $23.73 USD +0.50

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Industry Analysis

MIK

Industry Average

Valuation MIK Industry Range
Price/Earnings 26.1x
Price/Sales 1.0x
Price/Book NM Not Meaningful
Price/Cash Flow 24.5x
TEV/Sales 0.3x
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