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EXHIBIT
23
CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement (Form S-8 No. 33-61055) and related Prospectus pertaining to the Michaels Stores,
Inc. Employees 401(k) Plan of our report dated June 27, 2000, with respect to the financial statements and schedule of the Michaels Stores, Inc. Employees 401(k) Plan included in this Annual Report
(Form 11-K) for the year ended December 31, 1999.
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/s/ ERNST & YOUNG LLP
ERNST & YOUNG LLP |
Dallas,
Texas
June 27, 2000
F-11
CONSENT OF INDEPENDENT AUDITORS
