Canaccord Genuity Cuts Price Target on Michael Kors (KORS) Following Q4
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Michael Kors Holdings Limited Announces Fourth Quarter and Annual Fiscal 2015 Results
May 27, 2015 7:00 AM EDTFourth 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%.... MoreMichael Kors Names Marcel Ostwald Senior Vice President, Men’s Design
May 26, 2015 5:21 PM EDTLONDON--(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
