Piper Jaffray Maintains Underweight Rating on Michael Kors (KORS) Post Q2
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Mizuho Securities Remains Sidelined on Michael Kors (KORS) Following 2Q Results
November 4, 2015 2:43 PM ESTMizuho Securities reiterated a Neutral rating and $42.00 price target on Michael Kors (NYSE: KORS) following the company's 2Q earnings report. While management reiterated KORS solid position given +MSD accessories growth, with dollar growth impacted by a shift to lower AUR small leather goods/cross... More
Michael Kors (KORS) Tops Q2 EPS by 11c
November 4, 2015 6:56 AM ESTMichael Kors (NYSE: KORS) reported Q2 EPS of $1.01, $0.11 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.08 billion.
Buyback Program:
During the second quarter, the Company repurchased 9,424,385 of the Company's ordinary shares for approximately $400.0 million in open market... More
