Kate Spade & Co. (KATE) Tops Q4 EPS by 6c
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Kate Spade & Company Reports Fourth Quarter And Full Year 2016 Results And Is Reviewing Strategic Alternatives
February 16, 2017 8:00 AM ESTNEW YORK, Feb. 16, 2017 /PRNewswire/ -- Kate Spade & Company (NYSE: KATE) today announced results for the fourth quarter and full year ended December 31, 2016.
Craig A. Leavitt, Chief Executive Officer of Kate Spade & Company, said: "Our solid fourth quarter and fiscal year performance demonstrate the strength of our differentiated business model, as we continued to gain market share and deliver strong growth despite a challenging retail environment. In 2016, we further strengthened our handbag portfolio, introduced new categories to our casual ready-to-wear classifications, and thoughtfully expanded our global store base, opening 52... More
