Michaels Companies (PRIVATE.MIK)

Overall impact
D (25)

Commentary

Michaels Companies is a below-average overall performer. With a 'D' rating of 25.1 for overall impact (bottom 10% of all companies), Michaels Companies ranks 86th out of 93 industry peers, behind Outdoor Living Supply, Appliance Recycling Centers of America, FTD Companies and 82 others, and ahead of Travelcenters, Five Below, Arcaplanet and 4 others. On top material causes for Michaels Companies's industry (Retail), Michaels Companies performs poorly in Affordable, Safe Housing (12.5 score), Decent, Safe Work Opportunities (13.7), Sustainable Use of Water (35.8) and 15 other causes where it received a 'D' or 'F' score. Michaels Companies did not receive an 'A' rating on any cause.
Impact
Cause PRIVATE.MIK
Peer rank
Overall impact

Log in to view this information

Impact trend

Change in rating for overall impact

Log in to view this information

Company
Founded
1973
Employees
45,000
Sector
Consumer Discretionary
Industry
Specialty Retail
Sub-industry
Other Specialty Retail
SASB industry
Multiline and Specialty Retailers & Distributors
Headquarters
Texas, United States
Share classes
PRIVATE.MIK
TEMP.c7bd788f
Mission
To inspire and enable customer creativity, create a fun and rewarding place to work, foster meaningful connections with our communities, and lead the industry in growth and innovation.
Description
The Michaels Companies owns and operates arts and crafts specialty retail stores. It operates Michaels stores that offer crafts, home decor and seasonal items, framing, and paper crafting. Aaron Brothers stores offer photo frames, art prints, framed art, art supplies, and custom framing. The Company also operates Pat Catan's stores that provide an assortment of kids craft items, fine art supplies, yarn, floral supplies, scrapbooking materials, home decor, bakeware, and wedding-related merchandise. In addition, the Company provides a number of private brands. Further, it manufactures custom and specialty framing merchandise, distributes craft and hobby items products, as well as decor products, and sells its products through an e-commerce platform.
Material causes
Ethos considers the following causes material for Michaels Companies, based on its industry sub-industry Other Specialty Retail. Learn more about material causes in our methodology overview.

This information is subject to Ethos' Terms and Conditions, which you can find here.

This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

By browsing this site you agree to our use of cookies. Read more.
We use cookies on this site to enhance your user experience. By continuing to browse the site, you are agreeing to our use of cookies. Give me more info.