The Michaels Companies

The Michaels Companies, Inc.
Company typePrivate
Nasdaq: MIK
Industry
Founded2014 (2014)
FounderMichael J. Dupey
HeadquartersIrving, Texas, U.S.
Number of locations
1,252 (US, Canada) (January 2021)
Key people
David Boone (CEO)
ServicesMerchandise for makers and do-it-yourself home decorators
Revenue US$5.271 billion (2020)
US$533.54 million (2020)
US$294.9 million (2020)
Total assets US$4.528 billion (2020)
Total equity US$1.197 billion (2020)
OwnerApollo Global Management
Number of employees
45,000 (2019)
Subsidiaries
  • Michaels
  • Artistree
  • Aaron Brothers Custom Framing
WebsiteThe Michaels Companies

The Michaels Companies, Inc. is an American retail holding company, headquartered in Irving, Texas. It was formed as a parent company of Michaels in 2014. As of 2021, The Michaels Companies operates its flagship brand, Michaels (in the United States and Canada), and Artistree, a manufacturer of custom and specialty framing merchandise. There are over 1,252 arts and crafts stores located in the United States and Canada.