Michael Kors Holdings Limited Announces Second Quarter Fiscal 2018 Results

Go back to Michael Kors Holdings Limited Announces Second Quarter Fiscal 2018 Results

MKM Partners Upgrades Michael Kors (KORS) to Neutral

November 7, 2017 5:43 AM EST

MKM Partners upgraded Michael Kors (NYSE: KORS) from Sell to Neutral with a price target of $55.00 (from $29.00).

Analyst Roxanne Meyer said their Sell thesis was wrong on several fronts: 1) we believed downside risk to comps was greater than upside risk, with a more... More

Michael Kors (KORS) PT Raised to $54 at Cowen; Reiterates Market Perform

November 6, 2017 5:17 PM EST

Cowen raised its price target on Michael Kors (NYSE: KORS) to $54.00 (from $52.00) while maintaining a Market Perform rating. Amplification of product newness, substantial pullback of promotional days & inventory, new merchandise across a range of product and makes are driving healthier global growth and... More

Michael Kors (KORS) Tops Q2 EPS by 50c

November 6, 2017 6:57 AM EST

Michael Kors (NYSE: KORS) reported Q2 EPS of $1.33, $0.50 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.04 billion.

GUIDANCE:

Michael Kors sees Q3 2018 revenue of $1.355-1.385 billion.

Michael Kors... More