Michael Kors (KORS) Tops Q1 EPS by 11c; Guides FY16 Ahead of Views
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Michael Kors Holdings Limited Announces First Quarter Fiscal 2016 Results
August 6, 2015 7:02 AM EDTFirst Quarter Total Revenue Increased 7.3% (Increased 13.4% on a Constant Currency Basis)
First Quarter Reported Diluted EPS was $0.87 ($0.93 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 fiscal 2016 first quarter ended June 27, 2015.
For the first quarter ended June 27, 2015:
Total revenue increased 7.3% to $986.0 million from $919.2 million in the first quarter of fiscal 2015. On a constant currency basis, total revenue increased 13.4%.... More