Michael Kors Holdings (KORS) Tops Q4 EPS by 5c; Guides Q1, FY13 EPS Above Views

Article Stock Quotes (1) Comments (0)

Michael Kors Holdings (NYSE: KORS) reported Q4 EPS of $0.21, $0.05 better than the analyst estimate of $0.16. Revenue for the quarter came in at $380 million versus the consensus estimate of $360.62 million.

Retail net sales increased 80.3% to $172.2 million driven by 71 new store openings since the end of last year and a 36.1% increase in comparable store sales.

Michael Kors Holdings sees Q1 2013 EPS of $0.18-$0.20, versus the consensus of $0.17. Michael Kors Holdings sees Q1 2013 revenue of $360-$370 million, versus the consensus of $323.98 million.

Michael Kors Holdings sees FY2013 EPS of $1.08-$1.12, versus the consensus of $0.98. Michael Kors Holdings sees FY2013 revenue of $1.7-$1.8 billion, versus the consensus of $1.69 billion.

For earnings history and earnings-related data on Michael Kors Holdings (KORS) click here.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Wal-mart (WMT) Posts Q1 EPS of $1.14; U.S. Comps Down 1.4%; Guides Q2 EPS
• Kohls Corp. (KSS) Tops Q1 EPS by 8c; Comps Down 1.9%; Guides Q2
• Autodesk, Inc. (ADSK) Misses Q1 EPS by 3c, Offers Guidance

Create E-mail Alert Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance, Retail Sales

Related Entities

Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?