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Our Analysts Find A Handbag We Can All Profit From

2015-03-25 22:56:58| Jewelry - Topix.net

In their latest earnings report , Michael Kors reported that comparable store sales increased 8.6% during the quarter; this is down from 16.4% growth in the second quarter, 24.2% in the first quarter, and 26.2% in the 4th quarter of 2014 . Looking at those numbers alone, one would assume that this company is headed in the wrong direction, but the bears who have sent the stock down after their latest earnings call are mistaken.

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