Kate Spade (KATE) Plunges 20% on Profit Miss, Slashed Forecast
Madeleine Johnson - Zacks Investment Research - Wed Aug 03, 11:08AM CDT
On Wednesday, shares of luxury retailer and handbag maker Kate Spade & Co. (KATE) plunged, down over 20% in morning trading after the company reported disappointing quarterly profit thanks to weakening sales to tourists.
COH: 41.96 (+0.21), KATE: 16.85 (+0.38), KORS: 50.45 (+1.43)
Stock Updates on Textile - Apparel Clothing -- Under Armour, Michael Kors Holdings, Hanesbrands, and Kate Spade
PR Newswire - Mon Jul 11, 6:35AM CDT
On Friday, July 08, 2016, the NASDAQ Composite ended the trading session at 4,956.76, up 1.64%; the Dow Jones Industrial Average advanced 1.40%, to finish at 18,146.74; and the S&P 500 closed at 2,129.90, up 1.53%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Under Armour Inc. (NYSE: UA), Michael Kors Holdings Ltd (NYSE: KORS), Hanesbrands Inc. (NYSE: HBI), and Kate Spade & Company (NYSE: KATE). Learn more about these stocks by accessing their free notes at:
UA: 38.85 (-0.06), HBI: 25.18 (+0.17), KATE: 16.85 (+0.38), KORS: 50.45 (+1.43)
Michael Kors Enters into Partnership with British F1 Team
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 9:00AM CDT
In an effort to globalize its brand and to attract more European customers Michael Kors Holdings Limited's (KORS) has entered into a partnership with British Formula One team, McLaren-Honda.
DLA: 22.20 (-0.34), PERY: 20.79 (-0.03), HBI: 25.18 (+0.17), KORS: 50.45 (+1.43)
Michael Kors Announces New Lifestyle Partnership with McLaren-Honda
BusinessWire - Wed Jun 22, 10:45AM CDT
Michael Kors (NYSE:KORS), a global luxury lifestyle brand, is delighted to announce a new partnership with McLaren-Honda, becoming the official lifestyle partner of the world championship Formula 1 team. Both McLaren-Honda and Michael Kors celebrate design and speed, with the partnership strengthening and amplifying both brands' embodiment of a fast, jet-set lifestyle.
KORS: 50.45 (+1.43)
Michael Kors Holdings Limited Announces Senior Management Promotions
BusinessWire - Wed Jun 15, 3:15PM CDT
--Michele Chan promoted to President, Women's Ready-to-Wear
KORS: 50.45 (+1.43)
Why June is Turning out Great for Michael Kors (KORS)?
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 9:22AM CDT
Shares of Michael Kors Holdings Limited (KORS), which declined more than 19% in May, has found favor with investors in June.
DLA: 22.20 (-0.34), PERY: 20.79 (-0.03), PLCE: 79.08 (-0.72), KORS: 50.45 (+1.43)
Simon Property Launches Expansion of Allen Premium Outlets
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:56AM CDT
Simon Property Group Inc. (SPG) disclosed the launch of a significant expansion for the premier shopping destination, Allen Premium Outlets, in North Texas.
SPG: 220.06 (-2.25), NKE: 55.01 (+0.26), KORS: 50.45 (+1.43), RL: 94.31 (+1.45)
Michael Kors Holdings Limited Announces Participation at the Deutsche Bank dbAccess Global Consumer Conference
BusinessWire - Tue Jun 07, 5:55AM CDT
Michael Kors Holdings Limited (NYSE:KORS) today announced that the company will be presenting at the Deutsche Bank dbAccess Global Consumer Conference, held at the InterContinental Paris Le Grand, on Tuesday, June 14, 2016 at 10:30 AM CEST. John D. Idol, Chairman, Chief Executive Officer and Director, and Joseph B. Parsons, Executive Vice President, Chief Financial Officer, Chief Operating Officer & Treasurer, will host the presentation.
DB: 12.69 (unch), KORS: 50.45 (+1.43)
Stock Market News for June 06, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 9:10AM CDT
Benchmarks closed in the red on Friday following a lackluster jobs report, which in turn reduced June rate hike speculations.
Learn how to target an 20% return on ConocoPhillips, or get option-trade ideas on Johnson & Johnson, Michael Kors, Marathon Petroleum Corporation, and American Express or any stock you choose
PR Newswire - Thu Jun 02, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for COP, JNJ, KORS, MPC and AXP.
JNJ: 124.01 (+0.11), AXP: 63.62 (-0.21), MPC: 41.10 (-0.12), COP: 39.90 (-0.41), KORS: 50.45 (+1.43)
More Grist for the Mill: ISM, PMI, Auto Sales, Beige Book
Mark Vickery - Zacks Investment Research - Wed Jun 01, 9:03AM CDT
Whatever moves the market makes today are unlikely to be too drastic in either direction.
CBRL: 155.42 (-0.99), KORS: 50.45 (+1.43)
Michael Kors (KORS) Gains on Q4 Earnings & Revenue Beat
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:50AM CDT
Michael Kors Holdings Ltd. (KORS) has maintained its earnings streak for the fourth consecutive quarter.
DLA: 22.20 (-0.34), PERY: 20.79 (-0.03), OXM: 56.30 (+0.34), KORS: 50.45 (+1.43)
Michael Kors (KORS) Beats on Q4 Earnings, Stock Gains
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 7:35AM CDT
Michael Kors came out with fourth-quarter fiscal 2016 results, wherein earnings of 98 cents a share beat the Zacks Consensus Estimate by a couple of cents
KORS: 50.45 (+1.43)
Michael Kors Holdings Limited Announces Fourth Quarter and Annual Fiscal 2016 Results
BusinessWire - Wed Jun 01, 5:55AM CDT
--Completes the Acquisition of its Greater China Licensee
KORS: 50.45 (+1.43)
Michael Kors Acquires Greater China Licensee
BusinessWire - Wed Jun 01, 5:55AM CDT
Michael Kors is pleased to announce that the Company has completed the acquisition of Michael Kors (HK) Limited, the exclusive licensee of the Company in China and certain other jurisdictions in Asia, on May 31, 2016, for $500 million in cash, subject to certain adjustments.
KORS: 50.45 (+1.43)
Is it Time to Short this Luxury Retailer?
ESTMZ - Tue May 31, 3:01PM CDT
Michael Kors Holdings Ltd. ( KORS ) Consumer Discretionary - Textiles, Apparel & Luxury Goods | Reports June 1, Before Market Opens Key Takeaways The Estimize consensus is calling for earnings of 97 cents per share on $1.15 billion in...
SPY: 216.30 (+0.12), JWN: 41.64 (+0.03), VRA: 13.93 (+0.19), TIF: 61.24 (-0.18), KORS: 50.45 (+1.43)
5 Stocks to Watch this Week 5/31 - WDAY, ASNA, KORS, CBRL, AMBA
ESTMZ - Tue May 31, 12:41PM CDT
Tuesday, May 31 Wednesday, June 1 Thursday, June 2 Workday ( WDAY ) Information Technology - Software | Reports May 31, after the close. The Estimize consensus is calling for earnings of -$0.01 cents per share on $340.6...
AMBA: 56.66 (-0.10), SPY: 216.30 (+0.12), CBRL: 155.42 (-0.99), WDAY: 82.47 (+0.44), ASNA: 7.46 (+0.13), KORS: 50.45 (+1.43)
Bear of the Day: Ralph Lauren (RL)
Kevin Cook - Zacks Investment Research - Tue May 31, 8:16AM CDT
Bear of the Day: Ralph Lauren (RL)
KORS: 50.45 (+1.43), RL: 94.31 (+1.45)