Michael Kors Holdings Limited Announces Second Quarter Fiscal 2016 Results
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Piper Jaffray Maintains Underweight Rating on Michael Kors (KORS) Post Q2
November 5, 2015 6:51 AM ESTPiper Jaffray analyst Erinn Murphy reiterate an Underweight rating and $38 price target on Michael Kors (NYSE: KORS) following Q2 results. There is no change to the firm's bearish thesis.
Murphy commented, "We reiterate our UW rating on shares of KORS following the... More
Mizuho Securities Remains Sidelined on Michael Kors (KORS) Following 2Q Results
November 4, 2015 2:43 PM ESTMizuho Securities reiterated a Neutral rating and $42.00 price target on Michael Kors (NYSE: KORS) following the company's 2Q earnings report. While management reiterated KORS solid position given +MSD accessories growth, with dollar growth impacted by a shift to lower AUR small leather goods/cross... More
Michael Kors (KORS) Tops Q2 EPS by 11c
November 4, 2015 6:56 AM ESTMichael Kors (NYSE: KORS) reported Q2 EPS of $1.01, $0.11 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.08 billion.
Buyback Program:
During the second quarter, the Company repurchased 9,424,385 of the Company's ordinary shares for approximately $400.0 million in open market... More
