Michael Kors (KORS) Tops Q1 EPS by 14c; Asia Revenue Rose ~68%; Guides Q3 Below Views

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Go back to Michael Kors (KORS) Tops Q1 EPS by 14c; Asia Revenue Rose ~68%; Guides Q3 Below Views

Michael Kors Holdings Limited Announces First Quarter Fiscal 2017 Results

August 10, 2016 6:55 AM EDT

First Quarter Total Revenue Increased 0.2%

First Quarter Diluted EPS was $0.83 ($0.88 excluding one-time transaction costs)

LONDON--(BUSINESS WIRE)-- Michael Kors Holdings Limited (NYSE: KORS) (the Company), a global luxury lifestyle brand, today announced its financial results for the fiscal 2017 first quarter ended July 2, 2016.

For the first quarter ended July 2, 2016:

Total revenue increased 0.2% to $987.9 million from $986.0 million in the first quarter of fiscal 2016. On a constant currency basis, total revenue was flat versus the prior fiscal year. Retail net... More