The Michaels Companies, Inc. announced earnings results for the fourth quarter ended January 30, 2021. For the fourth quarter, the company announced sales was USD 1,916.842 million compared to USD 1,722.608 million a year ago. Operating income was USD 341.994 million compared to USD 274.957 million a year ago. Net income was USD 255.075 million compared to USD 181.651 million a year ago. Basic earnings per share from continuing operations was USD 1.76 compared to USD 1.24 a year ago. Diluted earnings per share from continuing operations was USD 1.72 compared to USD 1.24 a year ago. For the full year, sales was USD 5,271.112 million compared to USD 5,072.037 million a year ago. Operating income was USD 533.540 million compared to USD 515.037 million a year ago. Net income was USD 294.935 million compared to USD 272.595 million a year ago. Basic earnings per share from continuing operations was USD 2.01 compared to USD 1.78 a year ago. Diluted earnings per share from continuing operations was USD 1.98 compared to USD 1.78 a year ago.