Michaels

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MICHAELS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Ashley Buchanan

President & CEO

- -
47,000
$472.2M
$5.3B
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1

David Green

Founder & CEO

92/100
43,000
- -
$5.3B
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2

Wade D. Miquelon

President & CEO

97/100
27,500
$806.3M
$2.3B
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3

Andrew R Jassy

CEO

75/100
647,500
$56M
$443.3B
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4

Anthony Piperno

President & CEO

57/100
5,000
$10M
$450M
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5

Brad Weston

CEO

86/100
10,300
$371.9M
$1.9B
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6

Steven R. Morgan

President & CEO

42/100
3,300
- -
$275.3M
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7

Bob Buchsbaum

CEO

69/100
1,226
- -
$245.2M
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8

Larry Adlerstein

President

83/100
160
$2M
$36.5M
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9

Edward Pearl

CEO

70/100
191
- -
$51.5M
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10

Mary Ann Einarson

Founder

81/100
4
- -
$ < 1M
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Missing a competitor? Contribute!

Hobby Lobby is the biggest rival of Michaels. Hobby Lobby was founded in 1972, and its headquarters is in Oklahoma City, Oklahoma. Hobby Lobby operates in the Specialty Stores industry. Hobby Lobby has 4,000 fewer employees than Michaels.

Joann has been one of Michaels's top competitors. Joann is a Public company that was founded in Hudson, Ohio in 1943. Joann is in the Specialty Stores industry. Joann has 19,500 fewer employees vs. Michaels.

Amazon is Michaels's #3 rival. Amazon was founded in 1994 in Seattle, Washington. Amazon is in the E-Commerce field. Amazon generates $413.9B more revenue than Michaels.

Michaels Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.3B

Michaels's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 70B. Over the last four quarters, Michaels's revenue has grown by 139.6%. Specifically, in Q1 2021's revenue was $1.9B; in Q4 2020, it was $1.4B; in Q3 2020, it was $1.1B; in Q2 2020, Michaels's revenue was $799.9M.

Michaels Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Lamrite West, Inc.

Feb 2016

Source »
$150M
-

-

Leewards Creative Craft, inc.

May 1994

Source »
$undefined
-

-

H&H Craft and Floral

Mar 1994

Source »
$undefined
-

-

Oregon Craft and Floral Supply

Mar 1994

Source »
$undefined
-

-

Treasure House Crafts

Feb 1994

Source »
$undefined
-

These are all the companies that Michaels has acquired. Michaels has acquired 6 companies and its latest acquisition was Lamrite West, Inc. in Feb 2016.

Michaels Funding History

Since Michaels was founded in 1973, it has participated in 1 round of funding. In total Michaels has raised $472.2M. Michaels' funding round was on Jun 2014 for a total of $472.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jun 2014
$472.2M

Since Michaels was founded in 1973, it has participated in 1 round of funding. In total Michaels has raised $472.2M. Michaels' funding round was on Jun 2014 for a total of $472.2M

Michaels Investments

No recent investments found related to Michaels

Michaels News

Michaels Blogs

Michaels Press Releases

Michaels Videos

Social Media

Michaels Headquarters

8000 Bent Branch Drive

Irving, Texas75063

800-642-4235

Driving Directions »

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Michaels Summary

ABOUT

Overview

Michaels is an in-store and online retailer that sells arts, crafts, frames, jewelry, floral and wall decorative products. Michaels was founded in 1973. Michaels' headquarters is located in Irving, Texas, USA 75063. It has raised 472.2M in 1 round. Th...

CEO

Michaels's President & CEO, Ashley Buchanan, currently has an approval rating of 88%. Michaels's primary competitors are Hobby Lobby, Joann & Amazon.

Frequently Asked Questions about Michaels

  1. When was Michaels founded?

    Michaels was founded in 1973
  2. Who is Michaels's CEO?

    Michaels's CEO is Ashley Buchanan
  3. How much revenue does Michaels generate?

    Michaels generates $5.3B in revenue
  4. How much funding does Michaels have?

    Michaels has historically raised $472.2M in funding
  1. Where is Michaels's headquarters?

    Michaels's headquarters is in Irving Texas, USA
  2. How many employees does Michaels have?

    Michaels has 47,000 employees
  3. What sector does Michaels operate in?

    Michaels is in Logistics, Wholesalers & Retail Distributors, E-Commerce, Sports, Leisure & Hobby
  4. Who are Michaels's competitors?

    Michaels's top competitors are Hobby Lobby, Joann, Amazon