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Michael Kors Is Unlikely To Rise For A While

2015-11-15 19:39:39| Apparel - Topix.net

The key is to wait for sentiment to change, but there are some fundamental risks. However, these are more than priced into Michael Kors' P/E of 9. First of all, a look at the positives - Michael Kors' stock has stopped plummeting to new lows after every earnings release, clearly ending a trend that has existed since February 2014, back when the stock traded as high as $100 a share.

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Michael Kors: Investors Are Overreacting To Lower Sales, Could Be A Great Buying Opportunity

2015-11-15 11:25:39| Apparel - Topix.net

The company has succeeded in growing earnings at a greater rate than competitors, while remaining relatively cheap based on its P/E ratio. Michael Kors has certainly had a rough ride since 2014, dropping from a price of just under $100 to $41.64 at the time of writing.

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Michael Kors outlook cut as Q3 earnings tumble

2015-11-05 12:35:00| Daily apparel & textile news and comment - from just-style.com

Michael Kors has revealed higher third-quarter retail sales boosted by new store openings, but lowered its sales and profit forecast amid falling earnings as customers opt for smaller, less-expensive bags. 

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Michael Kors sales, profit beat estimates; buyback raised

2015-11-04 15:26:42| Apparel - Topix.net

Handbag and accessories maker Michael Kors Holdings Ltd reported better-than-expected quarterly sales and profit, and raised its share buyback program. A model presents creations from the Spring/Summer 2015 Michael Kors collection during New York Fashion Week September 10, 2014.

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Does The Hated Michael Kors Present An Opportunity At Current Prices?

2015-10-16 14:23:48| Apparel - Topix.net

Michael Kors has certainly grown rapidly in the last few years with total stores increasing almost 200% from 956 in 2013 to ~2,732 in 2016. Everyone seems to love their style and designs.

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