M
Michaels Stores
Fashion · Irving, United States · Founded 1973
Operates as an arts and crafts specialty retailer in North America MoreLess
Michaels is a leading retailer specializing in arts, crafts, and home decor, catering to a diverse clientele ranging from hobbyists to professional artists. Operating primarily in the North American market, Michaels offers a wide array of products including craft supplies, Cricut machines, custom framing, and seasonal decorations. The business model revolves around both in-store and online sales, leveraging exclusive collections and frequent promotions to drive customer engagement and sales. Revenue is generated through the sale of these products, as well as through services like custom framing and personalized art pieces. Michaels also offers classes and events to foster a community of creativity among its customers.
Keywords: arts, crafts, home decor, custom framing, seasonal decorations, Cricut, exclusive collections, online sales, in-store sales, creative community.
Company overview
Michaels Stores company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 1973
- Headquarters
- Irving, United States
- Employees
- 15,026
- Open positions
- 2,190
- Dealroom signal
- 25.7
Valuation & funding
Michaels Stores funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Mar 2026 | $2.8B | — | Undisclosed | ↗ |
| BUYOUTOther financing | Mar 2021 | $5B | $5B | Apollo Global Management | — |
| IPOOther financing | Jun 2014 | $473M | $3.5B | Undisclosed | — |
| LATE VCOther financing | Jul 2009 | $120M | $479M | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $5.3B | 0% | $712M | 13.5% |
| 2025 | $5.3B | 0% | $712M | 13.5% |
| 2024 | $5.3B | 0% | $712M | 13.5% |
| 2023 | $5.3B | 0% | $712M | 13.5% |
| 2022 | $5.3B | +0.3% | $712M | 13.5% |
| 2021 | $5.3B | +3.9% | $726M | 13.8% |
| 2020 | $5.1B | — | $657M | 13% |
Growth signals
Michaels Stores website traffic
Latest recorded traffic for Michaels Stores is 26M monthly website visits, down 13.3% over the last three months. Michaels Stores's team grew 0% over the past year.
Hiring
Open positions at Michaels Stores
Current openings linked to this company in Dealroom.
Comparisons
Michaels Stores compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Michaels Stores's talent
Source: Dealroom Talent Intelligence.
Investors
1 investor on Michaels Stores's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Michaels Stores has talent and traffic
team presence
In the news
Latest news about Michaels Stores
Recent press, funding announcements, and product moves mentioning Michaels Stores — open to read from the original sources.
Market sentiment
What the market is saying about Michaels Stores
An AI-synthesized read of the highest-engagement posts about Michaels Stores on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Michaels Stores’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.