<?xml version='1.0' encoding='UTF-8'?>

      <!-- iXBRL document created with: Toppan Merrill Bridge iXBRL 9.4.7193.41938 -->
      <!-- Based on: iXBRL 1.1 -->
      <!-- Created on: 11/25/2019 2:22:33 PM -->
      <!-- iXBRL Library version: 1.0.7193.41955 -->
      <!-- iXBRL Service Job ID: cce97006-2a2e-478b-94e2-e19734669c2a -->

  <html xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns="http://www.w3.org/1999/xhtml" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mik="http://www.michaels.com/20190621" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:xbrli="http://www.xbrl.org/2003/instance"><head><meta http-equiv="content-type" content="text/html" /><title></title></head><body><div style="margin-top:30pt;"></div><div style="display:none;"><ix:header><ix:hidden><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityCentralIndexKey" id="Hidden_ZnwcPOu4ekulZ3x2c2V7zA">0001593936</ix:nonNumeric><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:AmendmentFlag" id="Hidden_R4xgKQANvka71ndXMD48gQ">false</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="mik-20190621.xsd" xlink:type="simple"></link:schemaRef></ix:references><ix:resources><xbrli:context id="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001593936</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2019-11-22</xbrli:startDate><xbrli:endDate>2019-11-22</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div style="max-width:100%;padding-left:8.82%;padding-right:8.82%;position:relative;"><div style="clear:both;max-width:100%;position:relative;min-height:1.5pt;"><a id="_07a8e44a_8ef8_4fa1_b812_67442066b4be"></a><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">UNITED STATES</b><span style="font-size:18pt;"> </span></p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</b><span style="font-size:18pt;"> </span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">WASHINGTON, D.C. 20549</b> </p><div style="float:left;height:8.25pt;width:0pt;"></div><div style="height:0pt;position:relative;width:100%;"><div style="height:1.5pt;position:absolute;right:50%;top:6pt;transform:translateX(50%);width:127.5pt;z-index:251658240;"><div style="height:100%;left:0.75pt;padding-bottom:0.75pt;position:relative;top:0.75pt;width:126pt;"><img src="mik-20190621x8ke47e398001.jpg" alt="Graphic" style="width:126pt;" /></div></div></div><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">FORM </b><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:DocumentType" id="Narr_kANMPoqSb0u4TIzFo4zjqg"><b style="font-size:18pt;font-weight:bold;">8-K</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">CURRENT REPORT</b> </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Pursuant to Section 13 or 15(d) of the</b> </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Securities Exchange Act of 1934</b> </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:center;margin:0pt 0pt 6pt 0pt;">Date of report (Date of earliest event reported): <ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="Narr_N-XG9YaZWEa90YdBXMtjew">November 22, 2019</ix:nonNumeric> </p><p style="font-family:'Times New Roman';font-size:11pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityRegistrantName" id="Narr_yPo-J3EVLkaawUmIcX0M9w"><b style="font-size:18pt;font-weight:bold;">THE MICHAELS COMPANIES, INC.</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:11pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(Exact Name of Registrant as Specified in Charter)</p><p style="font-family:'Times New Roman';font-size:11pt;text-align:center;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:3pt;padding-right:3pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:31.71%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:bottom;width:2%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:32.57%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:bottom;width:1.98%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:31.71%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:31.71%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="Narr_xDAIZbIRiEyxkGIBkMbWZQ"><b style="font-weight:bold;">Delaware</b></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:2%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:32.57%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityFileNumber" id="Narr_Tvn4-1U7Gka_cieLZ3GCqQ"><b style="font-weight:bold;">001-36501</b></ix:nonNumeric></p></td><td style="vertical-align:bottom;width:1.98%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:31.71%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityTaxIdentificationNumber" id="Narr_K8nBIbAIe0-KRzIcou4_Eg"><b style="font-weight:bold;">37-1737959</b></ix:nonNumeric></p></td></tr><tr style="height:23.85pt;"><td style="vertical-align:top;width:31.71%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(State or Other Jurisdiction<br />of Incorporation)</p></td><td style="vertical-align:bottom;width:2%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:32.57%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(Commission<br />File Number)</p></td><td style="vertical-align:bottom;width:1.98%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:31.71%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(IRS Employer<br />Identification No.)</p></td></tr></table><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:center;margin:0pt;"><span style="font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityAddressAddressLine1" id="Narr_rP-b9XvcXUW0WShSKPZC7A"><b style="font-weight:bold;">8000 Bent Branch Drive</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:center;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityAddressCityOrTown" id="Narr__WCdyxmPw0OQY0Bs6_qxow"><b style="font-weight:bold;">Irving</b></ix:nonNumeric><b style="font-weight:bold;">, </b><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="Narr_GxFCpj1O50-P_2EwNYP0_w"><b style="font-weight:bold;">Texas</b></ix:nonNumeric> <b style="font-weight:bold;"> </b><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:EntityAddressPostalZipCode" id="Narr_ufKWuVJgSUKsGgU_BFrdFA"><b style="font-weight:bold;">75063</b></ix:nonNumeric></p><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt;">(Address of Principal Executive Offices) (Zip Code)</p><p style="font-family:'Times New Roman';font-size:11pt;text-align:center;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:center;margin:0pt;">Registrant&#8217;s telephone number, including area code: <b style="font-weight:bold;">(</b><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:CityAreaCode" id="Narr_Mm8G7l08OUWYv8E3URBrcQ"><b style="font-weight:bold;">972</b></ix:nonNumeric><b style="font-weight:bold;">) </b><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:LocalPhoneNumber" id="Narr_7D6A-eqemk2oBdlfaYyqCQ"><b style="font-weight:bold;">409-1300</b></ix:nonNumeric></p><div style="float:left;height:8.25pt;width:0pt;"></div><div style="height:0pt;position:relative;width:100%;"><div style="height:1.5pt;position:absolute;right:50%;top:6pt;transform:translateX(50%);width:127.5pt;z-index:251660288;"><div style="height:100%;left:0.75pt;padding-bottom:0.75pt;position:relative;top:0.75pt;width:126pt;"><img src="mik-20190621x8ke47e398001.jpg" alt="Graphic" style="width:126pt;" /></div></div></div><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-indent:34.1pt;margin:0pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<i style="font-style:italic;">see</i> General Instruction A.2. below): </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-indent:34.1pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><a id="_15fe9931_0363_4fef_b4dd_9e8cc7e7dd0e"></a><a id="Tc_6fkeXqbpl02VvoepI815cw_1_1"></a><a id="Tc_pHbyLisVVkm0CyDYmmF0eQ_2_1"></a><a id="Tc_am9Bh2LIn0eH3YtBGE1gtA_3_1"></a><a id="Tc_BoTDwOmcRUSuUzShhGy6PA_4_1"></a><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:3pt;padding-right:3pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:top;width:95%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td></tr><tr><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications" id="Tc_EUUDd47lbkmGx6kz7Ef9cw_1_0"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:95%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td></tr><tr><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="Tc_GkxOuk_mQUa7-NnCdwnNcw_2_0"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:95%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p></td></tr><tr><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="Tc_VkH3V1Lj8U-oKVWtV8j_xw_3_0"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:95%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p></td></tr><tr><td style="vertical-align:top;width:5%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="Tc_7u4wrpW8v0ujAM3jKp7R0A_4_0"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric></p></td><td style="vertical-align:top;width:95%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p></td></tr></table><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt;">Securities registered pursuant to Section 12(b) of the Act: </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;text-align:justify;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><a id="_fdf2ff37_0451_4724_93d4_32e927627ff1"></a><a id="Tc_n6XjCv9cWU66caeegFPUxw_1_0"></a><a id="Tc_v2aNBIHAPESlpRIjIRvvDA_1_1"></a><a id="Tc_Ok4M90CJk0m3I2-UvMzWWg_1_2"></a><a id="Tc_SJxn1jopUUOByWJFQy7w1g_2_2"></a><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:3pt;padding-right:3pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:35.17%;margin:0pt;padding:0pt 0pt 0pt 1pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:top;width:21.59%;margin:0pt;padding:0pt 3pt 0pt 3pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"></div></div></td><td style="vertical-align:bottom;width:43.22%;margin:0pt;padding:0pt 1pt 0pt 0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:bottom;width:35.17%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 0pt 0pt 0.5pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:13.8pt;padding-left:7.2pt;text-indent:-7.2pt;margin:0pt;"><b style="font-weight:bold;">Title of each class</b></p></td><td style="vertical-align:top;width:21.59%;border-bottom:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:13.8pt;margin:0pt;"><b style="font-weight:bold;">Trading Symbol</b></p></td><td style="vertical-align:bottom;width:43.22%;border-bottom:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 0.5pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:13.8pt;margin:0pt;"><b style="font-weight:bold;">Name of each exchange on which registered</b></p></td></tr><tr style="height:15.2pt;"><td style="vertical-align:top;width:35.17%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 0pt 0pt 0.5pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:13.8pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:Security12bTitle" id="Tc_rjZ_xkwRA0CwbSGg99AkcQ_2_0">Common Stock, $0.06775 par value</ix:nonNumeric></p></td><td style="vertical-align:top;width:21.59%;border-bottom:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 3pt 0pt 3pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:13.8pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" name="dei:TradingSymbol" id="Tc_HVp68oK3HUSytKfvMa-Zpg_2_1">MIK</ix:nonNumeric></p></td><td style="vertical-align:top;width:43.22%;border-bottom:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 0.5pt 0pt 0pt;"><p style="font-family:'Times New Roman';font-size:10pt;min-height:13.8pt;margin:0pt;"><ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="Narr_G5XD5wSx_0iX0-EP9GS27g">Nasdaq</ix:nonNumeric> Stock Exchange</p></td></tr></table><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;margin:0pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;margin:0pt;">Emerging growth company <ix:nonNumeric contextRef="Duration_11_22_2019_To_11_22_2019_l_RRq1Jgwk-o7vdsBTBXQw" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="Narr_POQYqyQKLk-hnc5cslwJ0g"><span style="font-family:'Segoe UI Symbol';">&#9744;</span></ix:nonNumeric> </p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;min-height:12.0pt;margin:0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. <span style="font-family:'Segoe UI Symbol';">&#9744;</span></p><p style="font-family:'Times New Roman';font-size:11pt;min-height:12.0pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="display:none;line-height:0pt;margin:0pt;"><span style="font-family:'Times New Roman';font-size:0pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:82.35%;border:0;margin:30pt 8.82% 30pt 8.82%;"></div><div style="max-width:100%;padding-left:8.82%;padding-right:8.82%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><table style="background-color:#ffffff;border-collapse:collapse;font-size:16pt;padding-left:0pt;padding-right:0pt;width:145.87%;"><tr><td style="background-color:#ffffff;vertical-align:top;width:10.01%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="color:#212121;font-weight:bold;">Item 7.01</b></p></td><td style="background-color:#ffffff;vertical-align:top;width:89.99%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:justify;margin:0pt;"><b style="color:#212121;font-weight:bold;">Regulation FD Disclosure.</b></p></td></tr></table><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="background-color:#ffffff;font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="color:#212121;white-space:pre-wrap;">On November 22, 2019, two subsidiaries of The Michaels Companies, Inc. (the &#8220;Company&#8221;) &#8211; Michaels Stores, Inc. and Michaels Stores Procurement Company, Inc. (&#8220;MSPC&#8221;) &#8211;  entered into an asset purchase agreement with A.C. Moore Incorporated, and certain of its affiliates, to acquire intellectual property and the right to lease up to 40 store locations for $58 million, subject to certain purchase price adjustments. The store locations are expected to be reopened under the Michaels brand name in fiscal 2020 and will include the relocation of certain existing Michaels stores. Additionally, MSPC has also leased a distribution facility in New Jersey, formerly occupied by A.C. Moore, with FEM BERLIN LLC, CPI BERLIN LLC, CPI BERLIN II LLC and CPI BERLIN III LLC together as the landlord. The transactions are intended to expand the Company&#8217;s presence in strategic markets and better serve the Company&#8217;s customers both online and in stores.</span></p><p style="background-color:#ffffff;font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="color:#212121;font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="background-color:#ffffff;font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="color:#212121;">On November 25, 2019, the Company issued a press release relating to the transactions. A copy of the press release is attached hereto as Exhibit&#160;99.1 to this Current Report on Form 8-K. </span></p><p style="background-color:#ffffff;font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="color:#212121;font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="background-color:#ffffff;font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="color:#212121;">The information contained in this Item, including Exhibit 99.1, is being furnished and shall not be deemed &#8220;filed&#8221; for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.</span></p><p style="background-color:#ffffff;font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="color:#212121;font-size:10pt;visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 10pt 0pt;"><b style="font-weight:bold;">Item 9.01.&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;">(d)<i style="font-style:italic;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits</i>.</p><div style="margin-left:0pt;"><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:12.47%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;width:2.57%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;width:84.94%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:bottom;width:12.47%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Exhibit<br />Number</p></td><td style="vertical-align:bottom;width:2.57%;border-bottom:1px solid transparent;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">&#160;&#160;&#160;&#160;</p></td><td style="vertical-align:bottom;width:84.94%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Description</p></td></tr><tr><td style="vertical-align:top;width:12.47%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="text-decoration:underline;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.57%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="text-decoration:underline;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:84.94%;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="text-decoration:underline;visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:top;width:12.47%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><a href="ex-99d1.htm"><span style="font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">99.1</span></a></p></td><td style="vertical-align:bottom;width:2.57%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:84.94%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><a href="ex-99d1.htm"><span style="font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Press release issued by The Michaels Companies, Inc., dated November 25, 2019.</span></a></p></td></tr><tr><td style="vertical-align:top;width:12.47%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;">104</p></td><td style="vertical-align:bottom;width:2.57%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:top;width:84.94%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="color:#212529;">The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101)</span></p></td></tr></table></div><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="font-size:12pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;page-break-after:always;width:82.35%;border:0;margin:30pt 8.82% 30pt 8.82%;"></div><div style="max-width:100%;padding-left:8.82%;padding-right:8.82%;position:relative;"><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:center;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">SIGNATURE</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p><div style="margin-left:0pt;"><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">&#8203;</span></p></div></div></td><td style="vertical-align:bottom;width:3.68%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td><td style="vertical-align:bottom;width:45.29%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"></div></div></td></tr><tr><td style="vertical-align:bottom;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">&#160;&#160;&#160;&#160;</p></td><td colspan="2" style="vertical-align:bottom;width:48.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">THE MICHAELS COMPANIES, INC.</b></p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="text-decoration:underline;visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="text-decoration:underline;visibility:hidden;">&#8203;</span></p></td><td colspan="2" style="vertical-align:bottom;width:48.97%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="text-decoration:underline;visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.68%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">By:</p></td><td style="vertical-align:bottom;width:45.29%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">/s/ Denise Paulonis</p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.68%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:45.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Denise Paulonis</p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.68%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:45.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Executive Vice President &#8211; Chief Financial Officer</p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.68%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:45.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td></tr><tr><td style="vertical-align:top;width:48.95%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Date: November 25, 2019</p></td><td style="vertical-align:bottom;width:2.06%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:3.68%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td><td style="vertical-align:bottom;width:45.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p></td></tr></table></div><p style="font-family:'Times New Roman';font-size:11pt;margin:0pt;"><span style="visibility:hidden;">&#8203;</span></p><p style="display:none;line-height:0pt;margin:0pt;"><span style="font-family:'Times New Roman';font-size:0pt;visibility:hidden;">&#8203;</span></p></div></div>
<div style="background-color:#000000;clear:both;height:2pt;margin-left:8.82%;margin-right:8.82%;margin-top:30pt;page-break-after:avoid;width:82.35%;border:0;"></div></body></html>
[{"type": "8-K", "sequence": "1", "filename": "mik-20190621x8ke47e398.htm", "description": "8-K", "secsgml_size_bytes": 39421}]
{"company-data": {"conformed-name": "Michaels Companies, Inc.", "cik": "0001593936", "assigned-sic": "5945", "irs-number": "371737959", "state-of-incorporation": "DE", "fiscal-year-end": "0201"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-36501", "film-number": "191243899"}, "business-address": {"street1": "8000 BENT BRANCH DRIVE", "city": "IRVING", "state": "TX", "zip": "75063", "phone": "9724091300"}, "mail-address": {"street1": "8000 BENT BRANCH DRIVE", "city": "IRVING", "state": "TX", "zip": "75063"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
​
FORM
8-K
​
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
​
Date of report (Date of earliest event reported):
November 22, 2019
THE MICHAELS COMPANIES, INC.
​
(Exact Name of Registrant as Specified in Charter)
​
​
​
​
​
Delaware
​
001-36501
​
37-1737959
(State or Other Jurisdiction
of Incorporation)
​
(Commission
File Number)
​
(IRS Employer
Identification No.)
​
8000 Bent Branch Drive
Irving
,
Texas
75063
(Address of Principal Executive Offices) (Zip Code)
​
Registrant's telephone number, including area code:
(
972
)
409-1300
​
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
​
​
​
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
​
Securities registered pursuant to Section 12(b) of the Act:
​
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, $0.06775 par value
MIK
Nasdaq
Stock Exchange
​
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
​
Emerging growth company
☐
​
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
​
​
​
Item 7.01
Regulation FD Disclosure.
​
On November 22, 2019, two subsidiaries of The Michaels Companies, Inc. (the "Company") – Michaels Stores, Inc. and Michaels Stores Procurement Company, Inc. ("MSPC") –  entered into an asset purchase agreement with A.C. Moore Incorporated, and certain of its affiliates, to acquire intellectual property and the right to lease up to 40 store locations for $58 million, subject to certain purchase price adjustments. The store locations are expected to be reopened under the Michaels brand name in fiscal 2020 and will include the relocation of certain existing Michaels stores. Additionally, MSPC has also leased a distribution facility in New Jersey, formerly occupied by A.C. Moore, with FEM BERLIN LLC, CPI BERLIN LLC, CPI BERLIN II LLC and CPI BERLIN III LLC together as the landlord. The transactions are intended to expand the Company's presence in strategic markets and better serve the Company's customers both online and in stores.
​
On November 25, 2019, the Company issued a press release relating to the transactions. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
​
The information contained in this Item, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.
​
Item 9.01.     Financial Statements and Exhibits.
(d)
Exhibits
.
Exhibit
Number
Description
​
​
​
99.1
​
Press release issued by The Michaels Companies, Inc., dated November 25, 2019.
104
​
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101)
​
​
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
​
​
​
THE MICHAELS COMPANIES, INC.
​
​
​
​
​
By:
/s/ Denise Paulonis
​
​
​
Denise Paulonis
​
​
​
Executive Vice President – Chief Financial Officer
​
​
​
​
Date: November 25, 2019
​
​
​
​