Michael Kors slumps on weak forecast; to shut over 100 stores
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Michael Kors (KORS) PT Lowered to $35 at BMO Capital on Weak Guidance; 'Retraining Consumer to Accept Fewer Promotions'
June 1, 2017 9:17 AM EDTBMO Capital lowered its price target on Michael Kors (NYSE: KORS) to $35.00 (from $38.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings report.
Analyst John Morris notes the company produced fourth quarter earnings per share and revenues above consensus, but offered very... More
Michael Kors (KORS) PT Lowered to $36 at Credit Suisse; 'Persistent Demand Weakness & Guidance Well Below Consensus for FY18 Suggest Challenges Far From Over'
June 1, 2017 8:52 AM EDTCredit Suisse lowered its price target on Michael Kors (NYSE: KORS) to $36.00 (from $39.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.
Analyst Christian Buss notes the company delivered fourth quarter earnings per share and revenues above consensus projection, but offered... More
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) Hits Session Low, Down 9%
May 31, 2017 9:36 AM EDTMichael Kors (NYSE: KORS) Hits Session Low, Down 9%
... MoreMichael Kors (KORS) Pares Earlier Declines; Shares Lower by 5%
May 31, 2017 7:57 AM EDTMichael Kors (NYSE: KORS) pared declines pre-market after tumbling in the wake of disappointing Q4 results and guidance. Shares are set to open lower by 5% after falling as much as 8%.
... More