Michael Kors (KORS) Tops Q2 EPS by 50c

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Michael Kors Holdings Limited Announces Second Quarter Fiscal 2018 Results

November 6, 2017 6:55 AM EST

Exceeds Second Quarter Guidance; Raises Full Year Outlook

LONDON--(BUSINESS WIRE)-- Michael Kors Holdings Limited (NYSE: KORS) (the Company), a global fashion luxury group, today announced its financial results for the fiscal 2018 second quarter ended September 30, 2017. Earnings per diluted share were $1.32 on a reported basis and $1.33 on an adjusted basis, an increase of 37% versus prior year.

John D. Idol, the Companys Chairman and Chief Executive Officer, said, This is a transformative time for Michael Kors Holdings Limited as we established our global fashion luxury group with the recently completed... More