Michael Kors Holdings Limited Announces First Quarter Fiscal 2019 Results

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Michael Kors (KORS) PT Raised to $78 at Cowen

August 9, 2018 9:54 AM EDT

Cowen raised its price target on Michael Kors (NYSE: KORS) to $78.00 (from $74.00) while maintaining a Neutral rating.

Analsyt Oliver Chen said they were encouraged by positive comps in North America and Asia, gross margin expansion at both Michael Kors retail and wholesale channels. In... More

Michael Kors (KORS) PT Raised to $74 at RBC Capital

August 9, 2018 8:38 AM EDT

RBC Capital raised its price target on Michael Kors (NYSE: KORS) to $74.00 (from $68.00) while maintaining a Sector Perform rating.

... More

Michael Kors (KORS) PT Raised to $79 at Needham & Company

August 9, 2018 7:26 AM EDT

Needham & Company raised its price target on Michael Kors (NYSE: KORS) to $79.00 (from $75.00) while maintaining a Buy rating following strong results.

Analyst Rick Patel said KORS remains a turnaround story with the potential for more upward revisions. In his view, "better than expected... More

Michael Kors (KORS) Tops Q1 EPS by 37c, Raises FY Guidance

August 8, 2018 6:33 AM EDT

Michael Kors (NYSE: KORS) reported Q1 EPS of $1.32, $0.37 better than the analyst estimate of $0.95. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.14 billion.

GUIDANCE:

Michael Kors sees FY2019 EPS of $4.90-$5.00, versus the consensus of $4.77.... More