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EXHIBIT 23.1
CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statements of Michaels Stores, Inc. listed below and in the related Prospectuses of our report dated March 4, 2002, with respect to the consolidated financial statements of Michaels Stores, Inc. and subsidiaries included in its Annual Report (Form 10-K) for the year ended February 2, 2002.
Form | Registration Number | Pertaining to Michaels Stores, Inc. | ||
---|---|---|---|---|
S-3 | 333-34459 | Michaels Stores, Inc. Dividend Reinvestment and Stock Purchase Plan | ||
S-3 | 333-29423 | Michaels Stores, Inc. Amended and Restated 1992 Non-Statutory Stock Option Plan | ||
S-8 | 333-21407 | Michaels Stores, Inc. Amended and Restated 1992 Non-Statutory Stock Option Plan | ||
S-8 | 33-64379 | Michaels Stores, Inc. 1994 Non-Statutory Stock Option Plan | ||
S-8 | 333-21635 | Michaels Stores, Inc. Amended and Restated 1994 Non-Statutory Stock Option Plan | ||
S-3 | 333-29421 | Michaels Stores, Inc. Amended and Restated 1994 Non-Statutory Stock Option Plan and Stock Option Agreement dated June 6, 1997, between Michaels Stores, Inc. and R. Michael Rouleau | ||
S-8 | 33-61055 | Michaels Stores, Inc. Employees 401(k) Plan | ||
S-8 | 333-29429 | Michaels Stores, Inc. 1997 Employees Stock Purchase Plan | ||
S-8 | 333-82495 | Michaels Stores, Inc. Deferred Compensation Plan | ||
S-8 | 33-54726 | Michaels Stores, Inc. Key Employee Stock Compensation Program | ||
S-3 | 33-48029 | Registration of 1,255,717 Shares of Common Stock | ||
S-8 | 333-66122 | Michaels Stores, Inc. 2001 Employee Stock Option Plan | ||
S-3 | 333-84112 | Michaels Stores, Inc. 1997 Stock Option Plan | ||
S-8 | 333-71054 | Michaels Stores, Inc. 2001 General Stock Option Plan | ||
S-8 | 333-84048 | Michaels Stores, Inc. 2001 General Stock Option Plan | ||
S-3 | 333-84054 | Michaels Stores, Inc. 2001 General Stock Option Plan | ||
Dallas, Texas April 9, 2002 | /s/ ERNST & YOUNG LLP |
CONSENT OF INDEPENDENT AUDITORS