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Michael Kors Inc. shares jumped almost 5% in premarket trade Thursday, after the luxury clothes and accessories company beat profit and sales estimates for its first fiscal quarter. The company said it had net profit of $174.4 million, or 87 cents a share ...
Fox Business · 8/6/2015
The sales and earnings outlook for the complete year is far below the forecasts that were set. Michael Kors in 2012 and 2013 was a very hot stock following its late 2011 initial public offering. However, tough competition across the handbag market from ...
financial-market-news.com · 5/27/2015
English: Mamie Gummer in Michael Kors at The Heart Truth's Red Dress Collection 2010 (Photo credit: Wikipedia) Michael Kors Holdings Ltd. (KORS) hit a new 52-week high of $57.35 on September 21, but have retreated nearly 8% in the past week. The …
Forbes · 9/26/2012
Commenting on guidance, Weiner added, "Given the weakness in KORS stock, candidly, it’s difficult to assess what exactly the market is looking for. That said, with consensus currently below F16 plan and with most investors with whom we’ve spoken ...
StreetInsider · 8/4/2015
The decline was the first for Michael Kors Holdings Ltd. KORS 1.17 % as a public company and helped send the stock to its largest single-day percentage decline ever on the New York Stock Exchange. Kors shares were also the worst performer in the …
Wall Street Journal · BySuzanne Kapner andSuzanne.kapner · 5/27/2015
NEW YORK - Shares of Michael Kors Holdings, the clothing company named after its founder who is known as a Project Runway judge, opened with a pop in their stock market debut on Thursday. After pricing at $20 late Wednesday, the stock opened its …
Hollywood Reporter · ByGeorg Szalai · 12/15/2011
Michael Kors Holdings (NYSE:KORS) shares rose after the accessories and apparel retailer said second quarter earnings more than doubled as same store sales grew. The company, which held an IPO in December, also raised its full year earnings …
Proactiveinvestors · 11/13/2012
when the KORS stock price hits $63.25. In other words, we can expect to see Kors' name on Forbes' billionaire list next year. Michael Kors, billionaire? The designer's record-breaking IPO has proved so successful that other fashion brands are thinking of ...
Fashionista · 3/26/2012
Michael Kors stock continued to drop during its 52-week low, weeks after the company announced its second quarter earnings report. The fashion brand reported that its store sales failed to meet analysts’ expectations. But that didn’t stop Bank of ...
The Inquisitr · 12/31/2014
Ever wonder when Michael Kors (KORS) would finally go out of style? Seems like that time is now – at least for the stock. Shares of the maker of pricey accessories got slammed Wednesday after the company not only missed quarterly earnings forecasts ...
USA TODAY MONEY · ByMatt Krantz · 5/27/2015