IRVING, Texas, Sept. 23 /PRNewswire-FirstCall/ -- Michaels Stores, Inc.
(NYSE: MIK) announced today that its Board of Directors has declared a
quarterly cash dividend of $0.10 per share, to be payable October 31, 2003, to
shareholders of record at the close of business on October 15, 2003.
Michaels Stores, Inc. (http://www.michaels.com ) is the world's largest retailer
of arts, crafts, framing, floral, decorative wall decor and seasonal
merchandise for the hobbyist and do-it-yourself home decorator. The Company
owns and operates 780 Michaels stores in 48 states and Canada, 158 Aaron
Brothers stores, located primarily on the West Coast, nine Village Crafts
stores across the U.S., one ReCollections store in Frisco, Texas, and two
wholesale operations, one in Dallas, Texas and one in Atlanta, Georgia.
This press release is also available on the Michaels Stores, Inc. website
(http://www.michaels.com ).
SOURCE Michaels Stores, Inc.
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Related links:
http://www.michaels.com
Company News On-Call:
http://www.prnewswire.com/comp/115769.html
CONTACT:
Jeffrey N. Boyer, Executive Vice President -
Chief Financial Officer, +1-972-409-1581, or Chris Holland, Vice
President - Finance, +1-972-409-1667, both of Michaels Stores,
Inc.
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