March 3, 2016

The Michaels Companies, Inc. to Report Fourth Quarter and Full Year Results on March 17, 2016

IRVING, Texas, March 03, 2016 (GLOBE NEWSWIRE) -- The Michaels Companies, Inc. (NASDAQ:MIK) today announced that it will report its fourth quarter and full year results prior to market open on Thursday, March 17, 2016. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT on Thursday, March 17, 2016. Investors can join the call by dialing (877) 303-9132, conference ID# 67667008. The conference call will also be webcast at http://investors.michaels.com/. To listen to the live call, please go to the website at least 15 minutes before the call is scheduled to begin to register and download any necessary audio software. The webcast will be accessible for 30 days after the call.  Additionally, a telephone replay will be available until March 24, 2016, by dialing (855) 859-2056, conference ID# 67667008.

About The Michaels Companies, Inc.

The Michaels Companies, Inc. is North America's largest specialty retailer of arts and crafts. As of October 31, 2015, the Company owned and operated 1,196 Michaels stores in 49 U.S. states and Canada and 118 Aaron Brothers stores.  Visit www.michaels.com for additional information.

Investor:
Kiley F. Rawlins, CFA
972.409.7404
Kiley.Rawlins@michaels.com 

ICR, Inc.
Farah Soi/Anne Rakunas
203.682.8200
Farah.Soi@icrinc.com/Anne.Rakunas@icrinc.com

or

Media:
ICR, Inc.
Michael Fox/Kristina Jorge
203.682.8200
Michaels@icrinc.com 

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Source: Michaels Stores Inc.