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Why Capri Holdings Stock Is Plunging Wednesday
Wednesday, February 8, 2023 - 9:42am | 419Read More...Capri Holdings Ltd (NYSE: CPRI) shares are down 20% Wednesday morning after the company reported worse-than-expected financial results and lowered its outlook. Q3 Results: Capri said fiscal third-quarter revenue decreased 6% year-over-year to $1.51 billion, which missed average analyst...
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Michael Kors Says It Will Continue Shopping For More Acquisitions
Tuesday, July 25, 2017 - 2:12pm | 442Read More...Initial reaction to Michael Kors Holdings Ltd (NYSE: KORS)'s $1.2 billion acquisition of London-based luxury shoe maker Jimmy Choo on Tuesday was positive. The stock gained more than 3 percent ahead of the opening bell, but by mid-morning the stock erased all of the gains and was lower by more...
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Michael Kors CEO: We're Actively Looking At M&A Options
Tuesday, February 7, 2017 - 11:59am | 654Read More...Luxury apparel and accessories maker Michael Kors Holdings Ltd (NYSE: KORS) is slumping over 13 percent on Tuesday following the release of its third-quarter results. Stung by weak retail traffic trends, the geopolitical uncertainty in Europe and currency fluctuation, the company reported a...
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Michael Kors To Become Lifestyle Partner For McLaren-Honda's Formula 1 Team
Wednesday, June 22, 2016 - 4:16pm | 291Read More...Michael Kors Holdings Ltd (NYSE: KORS) gained 0.28 percent on Wednesday trading, helped by the announcement of a new partnership with the McLaren-Honda Formula 1 team. According to the agreement, Kors will become the official lifestyle partner of the McLaren-Honda team. This union will strengthen...
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Michael Kors Gains 8% Following Q4 Print, $1 Billion Share Buyback
Wednesday, June 1, 2016 - 8:23am | 624Read More...Shares of Michael Kors Holdings Ltd (NYSE: KORS) were trading higher by more than 8 percent Wednesday morning after the company reported its fourth quarter results along with an acquisition announcement and an update to its share buyback program. Michael Kors said it earned $0.98 per in the...
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Michael Kors Soars 15% After Q3 Print
Tuesday, February 2, 2016 - 8:26am | 309Read More...Shares of Michael Kors Holdings Ltd (NYSE: KORS) were trading higher by more than 15 percent early Tuesday morning after the company reported its third quarter results. Michael Kors earned $1.59 per share in the third quarter on revenue of $1.4 billion. Wall Street analysts were expecting the...
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Morgan Stanley Says Europe & Asia Will Anchor Michael Kors Growth
Thursday, November 13, 2014 - 12:15pm | 225Read More...Kimberly Greenberger of Morgan Stanley met with Michael Kors Holdings Ltd (NYSE: KORS) CEO John Idol and other key executives and left the meeting confident in the company's future prospects, particularly in Europe with Asian sales contributing nicely. North American retail sales...
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Michael Kors Announces A Push Into Men's Wear
Wednesday, February 5, 2014 - 4:05pm | 386Read More...When Michael Kors (NYSE: KORS) reported its third quarter results on February 4, the company announced that it intends to make “a significant push in the men's business.” Michael Kors will announce a new president from a “very successful large global men's company” to lead the men's business...
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Top Trending Tickers On StockTwits For February 4
Tuesday, February 4, 2014 - 10:43am | 758Read More...Here's a look at the top tickers trending on StockTwits.com S&P 500 ETF: Pre-market data point to opening rebound Prior to today's market open, the S&P 500 futures were trading higher by 0.4 percent with the SPDR S&P 500 ETF (NYSE: SPY) matching the gains. The Nasdaq 100 futures were...
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Michael Kors Struts Lavish Earnings
Tuesday, June 12, 2012 - 8:33am | 387Read More...On Tuesday morning, Michael Kors (NYSE: KORS) announced fiscal results that left investors applauding and increased confidence in the global brand. In perhaps the biggest accomplishment the luxury designer achieved, total revenue rose 58.3 percent from $240 million to $380 million, with retail...
