Exhibit 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in the Registration Statements of Michaels Stores, Inc. listed below and in the related Prospectuses of our reports dated March 27, 2006, with respect to the consolidated financial statements of Michaels Stores, Inc., Michaels Stores, Inc. management’s assessment of the effectiveness of internal control over financial reporting, and the effectiveness of internal control over financial reporting, included in this Annual Report (Form 10-K) for the year ended January 28, 2006.
Registration | ||||
Form | Number | Pertaining to Michaels Stores, Inc. | ||
S-3 | 33-48029 | Registration of 1,255,717 Shares of Common Stock | ||
S-8 | 33-54726 | Michaels Stores, Inc. Key Employee Stock Compensation Program | ||
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. Amended and Restated 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-3 | 333-34459 | Michaels Stores, Inc. Dividend Reinvestment and Stock Purchase Plan | ||
S-8 | 33-61055 | Michaels Stores, Inc. Employees 401(k) Plan | ||
S-8 | 333-29429 | Michaels Stores, Inc. Amended and Restated 1997 Employees Stock Purchase Plan | ||
S-8 | 333-82495 | Michaels Stores, Inc. Deferred Compensation Plan | ||
S-8 | 333-66122 | Michaels Stores, Inc. Second Amended and Restated 2001 Employee Stock Option Plan | ||
S-8 | 333-97241 | Michaels Stores, Inc. Second Amended and Restated 2001 Employee Stock Option Plan | ||
S-3 | 333-84112 | Michaels Stores, Inc. Amended and Restated 1997 Stock Option Plan | ||
S-8 | 333-71054 | Michaels Stores, Inc. Amended and Restated 2001 General Stock Option Plan | ||
S-8 | 333-84048 | Michaels Stores, Inc. Amended and Restated 2001 General Stock Option Plan | ||
S-3 | 333-84054 | Michaels Stores, Inc. Amended and Restated 2001 General Stock Option Plan | ||
S-8 | 333-125932 | Michaels Stores, Inc. 2005 Incentive Compensation Plan | ||
S-3 | 333-125935 | Michaels Stores, Inc. 2005 Incentive Compensation Plan |
/s/ Ernst & Young LLP | ||||
Dallas, Texas
March 27, 2006
March 27, 2006