Michael Kors (KORS) Tops Q3 EPS by 48c, Revenue Beats

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Michael Kors Holdings Limited Announces Third Quarter Fiscal 2018 Results

February 7, 2018 6:55 AM EST

Exceeds Third Quarter Guidance; Raises Full Year Outlook

LONDON--(BUSINESS WIRE)-- Michael Kors Holdings Limited (NYSE: KORS) (the Company, "MKHL"), a global fashion luxury group, today announced its financial results for the fiscal 2018 third quarter ended December 30, 2017. Earnings per diluted share were $1.42 on a reported basis. On an adjusted basis, earnings per diluted share were $1.77, an increase of 7.9% compared to the prior year.

Third Quarter Fiscal 2018 Highlights

Results exceeded guidance, with better than expected performance from both the Michael Kors and Jimmy Choo brands.... More