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Michaels Companies Made Lots of Mistakes in the Third Quarter

TheMotleyFool

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Michaels Companies Made Lots of Mistakes in the Third Quarter

Arts and crafts retailer Michaels Companies (NASDAQ: MIK) reported earnings Thursday morning for the third quarter of fiscal year 2019. The windup period in front of this year's holiday shopping season wasn't terribly inspiring. Michaels' results fell short of Wall Street's third-quarter targets, followed by weak fourth-quarter guidance.

Metric

Q3 2019

Source Fool.com

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