Kate Spade aces holiday quarter with same-store sales beat

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Go back to Kate Spade aces holiday quarter with same-store sales beat

Mizuho Securities Reiterates Buy as Kate Spade & Co. (KATE) Management is 'Pleased with Momentum Thus Far'

March 1, 2016 2:03 PM EST

Mizuho Securities reiterated a Buy rating and $25.00 price target on Kate Spade (NYSE: KATE) following the company's 4Q earnings report. KATE reported OpEPS of $0.32, ahead of Mizuho's $0.25 estimates. Management cited they were pleased with momentum thus far in 2016 as guidance for +L-Mteens comps and gross... More