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Michael Kors (KORS) PT Lowered to $35 at Wells Fargo Following 4Q
May 31, 2017 2:03 PM EDTWells Fargo lowered its price target on Michael Kors (NYSE: KORS) to $35.00 (from $39.00) while maintaining a Market Perform rating following the company's 4Q.
KORS reported Q4 EPS of $0.73, above the Streets estimate of $0.70 and guidance of $0.68-$0.70, representing a -26%... More
Michael Kors (KORS) Tops Q4 EPS by 3c, Beats on Revenues and Offers FY18 Guidance; Announces New $1 Billion Stock Repurchase Program, Store Closures
May 31, 2017 6:57 AM EDT(Updated - May 31, 2017 6:58 AM EDT)
Michael Kors (NYSE: KORS) reported Q4 EPS of $0.73, $0.03 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.05 billion.
Comparable sales decreased 14.1%. On a constant currency basis, retail net sales... More
