Kate Spade & Co. (KATE) Tops Q3 EPS by 4c; Reaffirms
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Kate Spade & Company Reports Third Quarter 2016 Results
November 2, 2016 7:00 AM EDTNEW YORK, Nov. 2, 2016 /PRNewswire/ -- Kate Spade & Company (NYSE: KATE) today announced results for the third quarter ended October 1, 2016.
Craig A. Leavitt, Chief Executive Officer of Kate Spade & Company, said: "In the third quarter, several macroeconomic factors, including a challenging retail environment and continuing tourist headwinds, impacted our results. That said, we are making solid progress on several strategies that are continuing to drive growth in our business, which is reflected in the consumer's strong response to our collections at full-price. We remain focused on the... More
