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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES ACT OF 1934
Date of Report (Date of Earliest Event Reported) JANUARY 22, 1997
MICHAELS STORES, INC.
(Exact Name of Registrant as Specified in Charter)
DELAWARE 0-11822 75-1943604
(State of (Commission (IRS Employer
incorporation) File Number) Identification No.)
8000 BENT BRANCH DRIVE
IRVING, TEXAS 75063-6041
P.O. BOX 619566
DFW, TEXAS 75261-9566
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972) 409-1300
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ITEM 8. CHANGE IN FISCAL YEAR
Effective as of January 22, 1997, the Board of Directors of Michaels
Stores, Inc. (the "Company") authorized and approved a change in the
Company's fiscal year end from the Sunday nearest January 31 to the Saturday
nearest January 31. As a result of the change, the Company's fiscal year
will end on February 1, 1997 rather than February 2, 1997.
The financial statements included in the Company's Annual Report on Form
10-K for the fiscal year ended February 1, 1997 will reflect the change in
the Company's fiscal year.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
MICHAELS STORES, INC.
By: /s/ KRISTEN L. MAGNUSON
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Kristen L. Magnuson
Vice President - Finance and
Business Planning
Date: January 28, 1997
