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The Michaels Companies earnings preview

Jun. 13, 2018 2:56 PM ETThe Michaels Companies, Inc. (MIK) StockMIKBy: Clark Schultz, SA News Editor
  • Options trading on Michaels Companies (NASDAQ:MIK) implies a large share price move after the retailer reports earnings tomorrow.
  • Options volume is pointing to an 8.4% move up or down in Michaels vs. the historic average of 5.7%, per Bloomberg data.
  • Analysts expect Michaels to disclose Q1 revenue of $1.15B and EPS of $0.38.
  • Shares of Michaels are down 9.7% YTD.

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The Michaels Companies, Inc.