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Tag: kors
The Apple Watch might be killing Michael Kors
2015-05-27 20:28:27| Apparel - Topix.net
Analysts predicted last year that the tech-savvy watch, which launched in April at a starting price of $349, would c Michael Kors reported a 5.8% decline in same-store sales for its fourth quarter on Wednesday, including a 6.7% drop in North America. Analysts had been expecting a same-store sales increase in North America - the company's biggest market - of 3%.
Tags: michael
watch
apple
killing
Stocks On The Rise Early; Tiffany Surges; Kors, Workday Plunge
2015-05-27 18:42:47| Jewelry - Topix.net
The Nasdaq added 0.6% while the S&P 500 and Dow Jones industrials climbed 0.5% each. before the open.
Tags: early
rise
stocks
tiffany
Michael Kors posts slowest revenue growth since going public
2015-05-27 17:21:02| Apparel - Topix.net
Michael Kors Holdings Ltd reported its slowest quarterly revenue growth since it went public in December 2011 as demand for its handbags and accessories weakened in North America, its biggest market. Shares of the company, which also forecast full-year sales and profit below analysts' expectations, fell as much as 19 percent to a two-and-a-half-year low of $49.03 on Wednesday.
Tags: public
posts
michael
growth
Mortgage Applications Drop, Tiffany Beats but Michael Kors Doesn't
2015-05-27 16:34:14| Jewelry - Topix.net
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Tags: michael
applications
drop
mortgage
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
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