Kate Spade & Co. (KATE) Tops Q2 EPS by 5c, Guidance Falls Short
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Kate Spade & Company Reports Second Quarter 2016 And First Half 2016 Results
August 3, 2016 7:00 AM EDTNEW YORK, Aug. 3, 2016 /PRNewswire/ -- Kate Spade & Company (NYSE: KATE) today announced results for the second quarter ended July 2, 2016.
Craig A. Leavitt, Chief Executive Officer of Kate Spade & Company, said: "Several factors contributed to our second quarter results falling short of our expectations, the most impactful of which are the retail landscape and continuing tourist headwinds. As we navigate these broader industry trends, we remain very confident in our long-term growth initiatives and have a number of strategies in place to drive our business in the second half of... More
