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At Least 1 Pro Thinks Michael Kors Needs To 'Step Up Its Game'
Wednesday, May 31, 2017 - 3:59pm | 421Shares of Michael Kors Holdings Ltd (NYSE: KORS) lost around 10 percent Wednesday and traded at their lowest level in years after the company's fourth-quarter earnings and revenue beat was overshadowed by poor guidance. Investors looking at the stock's decline and thinking it represents a...
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Michael Kors Soars 15% After Q3 Print
Tuesday, February 2, 2016 - 8:26am | 309Shares 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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Watch Out Below? Piper Jaffray Cuts Michael Kors To Underweight
Friday, August 7, 2015 - 11:58am | 506In a report published Friday, Piper Jaffray analyst Erinn Murphy downgraded shares of Michael Kors Holdings Ltd (NYSE: KORS) to Underweight from Neutral with an unchanged $38 price target, despite the company reporting a sales and earnings per share beat in its first-quarter print. According to...
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Michael Kors' Earnings Impresses Investors And Analysts
Tuesday, February 4, 2014 - 3:55pm | 519Michael Kors (NYSE: KORS) on Tuesday reported its third quarter results. The company announced an EPS of $1.11, beating the consensus estimate of $0.86. Revenue of $1 billion beat the consensus estimate of $859.4 billion. During the quarter, net income leaped to $229.6 million from $130.0 million...