Piper Jaffray Raises Price Target on Michael Kors (KORS) Following Improved 3Q
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Michael Kors Holdings Limited Announces Third Quarter Fiscal 2016 Results
February 2, 2016 6:55 AM ESTThird Quarter Total Revenue Increased 6.3% (Increased 9.9% on a Constant Currency Basis)
Third Quarter Reported Diluted EPS was $1.59 ($1.65 on a Constant Currency Basis)
LONDON--(BUSINESS WIRE)-- Michael Kors Holdings Limited (NYSE: KORS) (the Company), a global luxury lifestyle brand, today announced its financial results for the fiscal 2016 third quarter ended December 26, 2015.
For the third quarter ended December 26, 2015:
Total revenue increased 6.3% to $1.40 billion from $1.31 billion in the third quarter of fiscal 2015. On a constant currency basis, total revenue increased 9.9%. Retail... More