Kate Spade & Co. (KATE) Reports In-Line Q1 EPS

Kate Spade & Co. (NYSE: KATE) reported Q1 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $274 million versus the consensus estimate of $270.97 million.

Reported net sales for the first quarter of 2015 were $255 million. First quarter 2016 direct-to-consumer comparable sales growth was 19%, or 8% excluding eCommerce. Comparable sales per square foot for kate spade new york stores were $1,611 for the latest twelve months, compared to $1,588 for the twelve month period ended January 2, 2016.

For earnings history and earnings-related data on Kate Spade & Co. (KATE) click here.

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