Kate Spade & Company Reports First Quarter 2017 Results

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Kate Spade (KATE) PT Lowered to $22 at Citi

April 19, 2017 8:33 AM EDT

Citi lowered its price target on Kate Spade (NYSE: KATE) to $22.00 (from $24.00) while maintaining a Neutral rating.

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Kate Spade & Co. (KATE) Hasn't Set Timetable for Completion of Review Strategic Alternatives

April 18, 2017 8:07 AM EDT

Kate Spade & Co. (NYSE: KATE) said in a press release:

On February 16, 2017, Kate Spade & Company announced that its Board of Directors, together with management and in consultation with Perella Weinberg Partners as its financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison... More

Kate Spade & Co. (KATE) Misses Q1 EPS by 2c

April 18, 2017 8:05 AM EDT

Kate Spade & Co. (NYSE: KATE) reported Q1 EPS of $0.05, $0.02 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $271 million versus the consensus estimate of $299.75 million.

Craig A. Leavitt, Chief Executive Officer of Kate Spade & Company, said: "Despite a challenging... More