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U.S. Arts and Craft Store, Michaels’ earnings fell below estimates

U.S. Arts and Craft Store, Michaels’ earnings fell below estimates

Michaels Companies, Inc. (NASDAQ: MIK) fell short early trading day on Tuesday, as earnings reported less than analyst estimates. According to their press release, Michaels reported a net sales of $1.16M, a decrease of 1.2% from Q1 2016. Operat..