Michaels Stores Statistics and Facts for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting Michaels Stores statistics and facts I was able to dig up including store count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Michaels Stores Facts
Here is pretty much everything you ever wanted to know about Michaels Stores.
- Website: Official Website
- Year Founded: 1973
- Headquarters: Irving, TX
- Founder(s): Michael Dupey
- Current Chief Executive: Mark Cosby
- Parent Company: Apollo Global Management
- Subsidiaries / Brands: Aaron Brothers Stores and Pat Catan's Stores
- App Download (iOS)
- App Download (Android)
Michaels Stores is a retail chain that specializes in arts and crafts supplies. The company was founded in 1973 by Michael J. Dupey in Dallas, Texas. Michaels Stores operates over 1,200 stores across the United States and Canada.
Michaels Stores offers a wide range of products, including art supplies, framing, floral, home décor, scrapbooking, and seasonal merchandise. The company also offers custom framing services, custom floral arrangements, and classes and workshops for various crafts and hobbies.
In addition to its brick-and-mortar stores, Michaels Stores also operates an e-commerce website, which offers a vast selection of products for online shoppers.
Michaels Stores has become a leading retailer in the arts and crafts industry, catering to a wide range of customers, from professional artists and designers to hobbyists and children. The company has built a reputation for its vast selection of products, quality customer service, and commitment to innovation and creativity.
Michaels Stores Revenue Totals
Michaels annual net sales:
- 2019: $5.072 billion
- 2018: $5.271 billion
- 2017: $5.361 billion
- 2016: $5.197 billion
- 2015: $4.912 billion
Michaels annual net income:
- 2019: $272 million
- 2018: $319 million
- 2017: $390 million
- 2016: $378 million
- 2015: $362 million
Please note that some of these numbers are easier to find than others. A few of these Michaels Stores statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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