| Profile | Quarterly Data | Annual Data |
| Profile – Michaels Stores, Inc. | |
|---|---|
|
Michaels is a specialty retailer of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator. As of March 14, 2012, the Company owned and operated 1,066 Michaels stores in 49 states and Canada, and 130 Aaron Brothers stores. |
|
| Headquarters | Irving, Texas |
| Sector | Hobby & Craft Stores |
| Primary NAICS Code | 451120 – Hobby, Toy and Game Stores |
| Primary SIC Code | 5945 – Hobby, Toy and Game Stores |
| Fiscal Year 2012 Ends on | Feb 2, 2013 |
| 2011 Net Sales | $ 4.21 Billion |
| 2011 Net Income | $ 176.0 Million |
| Store Count* | 1,196 |
| Total Selling Sq Ft** | 20,115,200 |
| Employees** | 45,300 |
|
*as of 3/12/12 **as of 1/28/12 |
|
| 2011 | 2010 | YoY % Chg | 3 YR CAGR | 5 YR CAGR | |
|---|---|---|---|---|---|
| Net Sales (1,000′s) | $ 4,210,000 | $ 4,031,000 | 4.4% | 3.3% | 1.8% |
| Same-Store Sales Chg | 3.2% | 2.5% | |||
| Operating Income (1,000′s) | $ 569,000 | $ 488,000 | 16.6% | 23.2% | 22.3% |
| Net Income (1,000′s) | $ 176,000 | $ 103,000 | 70.9% | N/A | 33.8% |
| Store Count | 1,198 | 1,182 | 1.4% | 0.8% | 2.0% |
| Selling Sq Ft (1,000s) | 20,115 | 19,891 | 1.1% | 1.3% | 2.4% |
| Employees | 45,300 | 40,500 | 11.9% | 5.1% | 1.0% |
| Advertising Spend (1,000s) | $ 183,000 | $ 172,000 | 6.4% | 1.3% | 2.1% |
| Pvt Label as % of Total Sales* | 50.0% | 36.0% | |||
|
*Michaels retail stores’ non-custom business private label brands |
|||||
| 2011 | 2010 | 2009 | |
|---|---|---|---|
| United States | 90.9% | 91.1% | 91.9% |
| Canada | 9.1% | 8.9% | 8.1% |
| 2011 | 2010 | 2009 | |
|---|---|---|---|
| General & Children’s Crafts | 47.0% | 46.0% | 44.0% |
| Home & Seasonal | 20.0% | 20.0% | 21.0% |
| Scrapbooking | 16.0% | 16.0% | 18.0% |
| Framing | 17.0% | 18.0% | 17.0% |
