COMPANY PROFILE

Michaels Stores

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Operates as an arts and crafts specialty retailer in North America

Irving, United StatesFounded 1973Fashion

Valuation $5–10B Last recorded · 2021

Revenue $5–10B Latest reported FY

Headcount 10–25k Current team size

Total funding $100–500M Disclosed equity funding

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About Michaels Stores

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.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 1973
Headquarters: Irving, United States
Employees: 15,026
Open positions: 2,190
Dealroom signal: 25.7/100
Industry: Fashion
Sector: Fashion, Retail
Client focus: b2c
Links: Website LinkedIn X

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Funding history

4 recorded events

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	—

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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth	EBITDA	Margin
2026
2025
2024
2023
2022
2021
2020		—

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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.

Latest monthly visits26M 3-month web change-13.3% 1-year team growth0%

Monthly website visitsOct 2017–Feb 2026

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Open positions

Openings linked to this company in Dealroom

8 distinct openings shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

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