Michael Kors (KORS) Pops Higher Following Rosier Outlook
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Michael Kors (KORS) Raises Q2, FY12 Expectations
September 20, 2012 4:23 PM EDTMichael Kors Holdings (NYSE: KORS) announced that the Company updated its second quarter fiscal 2013 guidance.
For the second quarter of fiscal 2013, the Company now expects diluted earnings per share to be in the range of $0.38 to $0.40 as compared to its previous guidance of $0.33 to $0.35. The Company now expects total revenue to be in the range of $510 million to $520 million. The expected diluted earnings per share assume 201.0 million diluted... More
