Michael Kors (KORS) Tops Q2 EPS by 7c; Comps Fell 5.6%

Michael Kors (NYSE: KORS) reported Q2 EPS of $0.95, $0.07 better than the analyst estimate of $0.88. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.09 billion.

Comps fell 5.6 percent, versus a 5.7 percent drop expected.

The company sees FY17 revenue of about $4.55 billion, versus $4.64 billion expected. EPS is expected at $4.37 - $4.43, with the consensus at $4.57.

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

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