Kate Spade & Company Reports First Quarter 2015 Results
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Kate Spade & Co. (KATE) Misses Q1 EPS by 1c; Enters New Partnership with Exclusive Brands
May 7, 2015 7:19 AM EDTKate Spade & Co. (NYSE: KATE) reported Q1 EPS of $0.01, $0.01 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $255 million versus the consensus estimate of $244.9 million.
First quarter 2015 direct-to-consumer comparable sales growth of 9%.
New Partnership:
The company and Exclusive Brands International S.A. (EBI), a leading retailer and distributor in Latin America and the Caribbean, today announced plans to expand the kate spade new york brand presence in Latin America with a new distribution agreement. Under the terms of the agreement, EBI will have distribution... More
