Piper Jaffray Cuts Price Target on Fossil Group (FOSL) Following Michael Kors (KORS) Q4 Results
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Go back to Piper Jaffray Cuts Price Target on Fossil Group (FOSL) Following Michael Kors (KORS) Q4 Results
May 27, 2015 7:00 AM EDT
Fourth Quarter Total Revenue Increased 17.8% (Increased 23.3% on a
Constant Currency Basis)
Fourth Quarter Diluted EPS increased 15.4% to $0.90 (Increased 23.1%
on a Constant Currency Basis)
LONDON--(BUSINESS WIRE)--
Michael Kors Holdings Limited (NYSE: KORS) (the Company), a global
luxury lifestyle brand, today announced its financial results for the
fourth quarter and fiscal year ended March 28, 2015.
For the fourth quarter ended March 28, 2015:
Total revenue increased 17.8% to $1.1 billion from $917.5 million in
the fourth quarter of fiscal 2014. On a constant currency basis, total
revenue increased 23.3%....
More
May 26, 2015 5:21 PM EDT
LONDON--(BUSINESS WIRE)--
Michael Kors Holdings Limited (NYSE: KORS) (the Company), a global
luxury lifestyle brand, today announced that Marcel Ostwald has been
named to the newly created role of Senior Vice President, Menswear.
Mr. Ostwalds appointment, effective August 1, 2015, fills a key role in
the global brands growing menswear business. Mr. Ostwald will work
closely with Michael Kors and Mark Brashear, President of Menswear, in
developing the creative brand strategy and product vision for the mens
division.
We are very pleased that Marcel Ostwald is bringing his talent,
experience and... More
