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The Michaels (The Michaels) Net Income (Continuing Operations) : $295 Mil (TTM As of Jan. 2021)


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What is The Michaels Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. The Michaels's Net Income (Continuing Operations) for the three months ended in Jan. 2021 was $255 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jan. 2021 was $295 Mil.

The Michaels Net Income (Continuing Operations) Historical Data

The historical data trend for The Michaels's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Michaels Net Income (Continuing Operations) Chart

The Michaels Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 378.16 390.50 319.55 272.60 294.94

The Michaels Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 181.65 -63.51 -7.76 111.12 255.08

The Michaels Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jan. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $295 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Michaels  (NAS:MIK) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

The Michaels Net Income (Continuing Operations) Related Terms

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The Michaels (The Michaels) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Michaels Companies Inc (NAS:MIK) » Definitions » Net Income (Continuing Operations)
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Traded in Other Exchanges
N/A
Address
3939 West John Carpenter Freeway, Irving, TX, USA, 75063
Website
https://www.michaels.com
The Michaels Companies Inc is an arts and crafts specialty retailer in North America. The company provides materials, project ideas, and education for creative activities like crafting classes, store events, store displays, mobile applications, and online videos. Michaels' revenue segments are general crafts, home decor and seasonal, Custom and ready-made framing, and paper crafting. Aaron Brothers offer unique framing assortments. The company operates its own distribution network through a wholly-owned subsidiary to supply merchandise in the stores.
Executives
Jim Sullivan officer: SVP - CAO & Controller 8000 BENT BRANCH DRIVE IRVING TX 75063
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Investment Partnership V L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Participation Partnership V L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Bcp V-s L P 10 percent owner 345 PARK AVE, NEW YORK NY 10154
Bcp V Side-by-side Gp L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Gp Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Group Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Management Associates V L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Bma V L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners V L P 10 percent owner 345 PARK AVE, NEW YORK NY 10154
Bcp V Co-investors L.p. 10 percent owner CO/ THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154