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Coach Inc. (NYSE:COH): Drop In U.S Sales Offset By Growth In China

Boston, MA 08/07/2014 (wallstreetpr) – Coach Inc. (NYSE:COH) Investors were jubilant earlier in the week after the company posted better than expected quarterly profits that beat estimates despite a sales dip of 7.1%. It goes without saying that the 73-year-old company is still trying to recover from a rookie mistake that saw it opening numerous […]

Michael Kors Holdings Ltd (NYSE:KORS) Sinks On Bearish Notes

Boston, MA 07/16/2014 (wallstreetpr) – Shares of Michael Kors Holdings Ltd (NYSE:KORS), an accessories and footwear maker, fell nearly 7.3 percent on Tuesday as analysts weighed in on the stock with bearish notes. The cautious commentaries saw the analysts question the heavy discounts on company’s products as well as its declining Web popularity as measured by […]

Michael Kors Holdings Ltd (NYSE:KORS) Stock Soar By 18%

Boston, MA 02/05/2014 (wallstreetpr) – Michael Kors Holdings Ltd (NYSE:KORS) stock soared in the market to a high of $90.44 an increase of 18% triggered by strong quarter earnings report. Revenue surpassed consensus estimates increasing by 59% marking a 31st consecutive quarter that the company has experienced such growth. This shows that things can only […]

Michael Kors Holdings Ltd (NYSE:KORS) Releases Q3.14 Results

Boston, MA 02/04/2014 (wallstreetpr) – Michael Kors Holdings Ltd (NYSE:KORS) has announced its results for third quarter’14 whereby the company has been able to report better numbers on almost all fronts ranging from revenue, earnings per share and comparable store sales. While announcing the results, the company’s executives noted an inspiring trend in comparable store sales, […]

Michael Kors Holdings Ltd (NYSE:KORS) Steady Growth In The Market

Boston, MA 10/30/2013 (wallstreetpr) – Michael Kors Holdings Ltd (NYSE:KORS) since the start of the year has outperformed analysts expectation with its stock price headed for the $90 mark. Kors steady growth has enabled it acquire a sizeable market share across handbags, watches and jewelry brands that it majorly focuses on. A recently released survey indicate […]

Stormy Year For Coach, Inc. (NYSE:COH) And Worse Yet To Come – KORS

Boston, MA 10/24/2013 (wallstreetpr) – One of the companies having a very rough time in the 2013 financial year is Coach, Inc. (NYSE:COH). One of the problems or one that analysts see becoming a major problem, is the company’s management reluctance to address the worst short-term results. One of the other major aspects that has been […]

Gap (NYSE:GPS) Raise Guidance on Stronger Q3 Results – GPS, ANF, ROST, KORS, AEO

Shares of The Gap Inc. (NYSE:GPS) rose about 4% in premarket after it raised its view for the year following reporting better Q3 net income that tops Wall Street prospect on Thursday. For the quarter, the firm declared revenue at stores open as a minimum a year for the period increased 6% in North America. […]

Abercrombie & Fitch (NYSE:ANF) Declares Higher Profit On Improve Demand – ANF, KORS, AEO, ARO, GPS, GS

Abercrombie & Fitch Co. (NYSE:ANF) announced on Wednesday a higher quarterly profit following improved demand in foreign markets, prompting the firm to estimate yearly earnings above Wall Street’s anticipates. Shares of the firm, which selected Goldman Sachs Group Inc (NYSE:GS) in September to help ward off pressure from investors, rose 21% to $37.75 in trading […]

Michael Kors (NYSE:KORS) Declares Upbeat Earning – KORS, GPS, AEO, ANF, LTD

Michael Kors Holdings Ltd (NYSE:KORS) declared on Tuesday that that fiscal Q2 net income over tripled. The retailer reported that it generated $97.8M, or 49 cents a share, increased from $31.6M, or 22 cents a share, in the similar quarter previous year. Revenue surged by 74% to $532.9M from $305.5M. Analysts had anticipated earnings of […]