Michael Kors reported a bigger-than-expected drop in comparable sales for the holiday quarter, and issued weak forecast, sending its stock down. Fred Katayama reports.
The moves echo those of “accessible” luxury peers like Coach (owned by Tapestry (tpr)) and Michael Kors (kors), which similarly got so hooked on discounting to …
Below is a twelve month price history chart comparing the stock performance of FLEX, TSLA, and KORS: Below is a summary table of the current analyst target prices discussed above:
Disclosure: I am/we are long KORS, NKE. I wrote this article myself, and it …
Michael Kors was always good for a hilarious critique of someone's haute couture disaster when he was a judge on the reality show "Project Runway." But the tables have turned. Investors are now trashing the fashion company that bears …
JNJ has announced a dividend increase to $0.90/Qtr. which is 56 years in a row of increases. JNJ is not a trading stock but a hold forever; it is now a strong buy as …
Michael Kors reported a bigger-than-expected drop in comparable sales for the holiday quarter, and issued weak forecast, sending its stock down. Fred Katayama reports.