Michael Kors Holdings Limited Announces Fourth Quarter and Annual Fiscal 2018 Results

Go back to Michael Kors Holdings Limited Announces Fourth Quarter and Annual Fiscal 2018 Results

Michael Kors (KORS) PT Lowered to $72 at Credit Suisse Following 4Q Beat

May 31, 2018 8:11 AM EDT

Credit Suisse lowered its price target on Michael Kors (NYSE: KORS) to $72.00 (from $75.00) while maintaining a Outperform rating following the company's 4Q. F4Q EPS of $0.72 significantly beat the Street's $0.60 estimate.

Credit Suisse trimmed FY19 EPS to $4.75 vs. $4.85 prev (Guide: $4.65-$4.75)... More

Needham & Company Reiterates Buy on Michael Kors (KORS) Following Solid 4Q

May 30, 2018 9:19 AM EDT

Needham & Company reiterated a Buy rating and $75.00 price target on Michael Kors (NYSE: KORS) following the company's 4Q earnings report. KORS reported adjusted EPS of $0.63, better consensus $0.60, and guidance of $0.50-$0.55 on better sales and margins than expected. Total sales of $1.18bn were better... More

Michael Kors (KORS) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance

May 30, 2018 6:58 AM EDT

Michael Kors (NYSE: KORS) reported Q4 EPS of $0.63, $0.03 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.15 billion.

GUIDANCE:

Michael Kors sees Q1 2019 EPS of $0.90-$0.95, versus the consensus of $0.88. Michael Kors sees Q1 2019 revenue of $1.135 billion, versus the consensus... More