Home › Michael Kors' profit, sales outlook disappoints
 

Keywords :   


Michael Kors' profit, sales outlook disappoints

2015-05-27 15:11:24| Apparel - Topix.net

Michael Kors Holdings Ltd. said its earnings grew 13% in its latest quarter, helped by new store openings and a lower tax rate, but the retailer warned that current-quarter results would fall short of expectations. Chief Executive John Idol said the company faced a number of headwinds in the period, including a stronger dollar, which is expected to persist.

Tags: sales michael profit outlook

Category:Consumer Goods and Services

Latest from this category

All news
14.11Amazon launches Temu and Shein rival with 'crazy low' prices
14.11Bid to soften farm tax change rejected by Treasury
14.11Baby milk prices 'punish those who don't breastfeed'
14.11Why Canada could become the next nuclear energy 'superpower'
14.11Apple accused of trapping and ripping off 40m iCloud customers
14.11Apple accused of trapping and ripping off 40m iCloud customers
13.11'Too small' pension funds hold back growth - Reeves
13.11Car buyer payouts over loan scandal could be delayed
Consumer Goods and Services »
14.11DX&DX
14.111973
14.11Grand Prix 5000 S TR 25C
14.11PUMA Z 1.2 FG/AG FIRST MILE
14.11.45
14.1163
14.11DVD18
14.11THEE MICHELLE GUN ELEPHANT
More »