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

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Michael Kors Holdings Limited Announces First Quarter Fiscal 2019 Results

August 8, 2018 6:30 AM EDT

Exceeds First Quarter Expectations

Raises Full Year Adjusted Earnings per Share Outlook to $4.90 to $5.00 from $4.65 to $4.75

Jimmy Choo Results Stronger than Anticipated

LONDON--(BUSINESS WIRE)-- Michael Kors Holdings Limited (NYSE: KORS), a global fashion luxury group, today announced its financial results for the fiscal 2019 first quarter ended June 30, 2018. Earnings per diluted share were $1.22 on a reported basis, an increase of 52.5% compared to the prior year. On an adjusted basis, earnings per diluted share were $1.32, an increase of 65.0% compared to the prior year.

First Quarter Fiscal... More