 IRVING, Texas--BUSINESS WIRE--The Michaels Companies, Inc. NASDAQ: MIK today announced financial results for the fourth quarter and full year fiscal 2020 ended January 30, 2021. Key Financial Results: 13 Weeks Ended January 30, 2021 13 Weeks Ended February 1, 2020 52 Weeks Ended January 30, 2021 52 Weeks Ended February 1, 2020 Net Sales 1,916.8M 1,722.6M 5,271.1M 5,072.0M Comp. Store Sales 12.9 -2.4 4.8 -1.9 Operating Income 342.0M 275.0M 533.5M 515.0M Net Income 255.1M 181. 