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- Wall St indexes advance with boost from chips, Iran optimism
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- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
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- Tesla acquires AI hardware company for up to $2 billion in stock
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Michael Kors (KORS) Tops Q1 EPS by 14c; Asia Revenue Rose ~68%; Guides Q3 Below Views
August 10, 2016 6:56 AM EDTMichael Kors (NYSE: KORS) reported Q1 EPS of $0.88, $0.14 better than the analyst estimate of $0.74. Revenue for the quarter came in at $987.9 million versus the consensus estimate of $953.04 million.
Retail net sales increased 7.6% to $562.9 million driven primarily by 221 net new store... More