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

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

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

May 30, 2018 6:55 AM EDT

Fourth Quarter Total Revenue Increased 10.8%; Michael Kors Comparable Sales Grew 2.3%

Earnings per Share were $0.29 Compared to Loss per Share of $0.17 Last Year

Exceeds Expectations for Revenue, Operating Margin and Earnings

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 fourth quarter and fiscal year ended March 31, 2018. For the fourth quarter, earnings per diluted share were $0.29, a $0.46 increase compared to last year. On an adjusted basis, earnings per diluted share were $0.63 compared to... More