real-time news and commentary for investors
Monday, Oct 14
Channel checks positive for Michael Kors
- Morgan Stanley says channel checks on Michael Kors (KORS) show FQ2 strong traffic patterns.
- As a result of the extra traffic, the investment firm raises its forecast for Q2 EPS by a penny to $0.68.
- Of the same mind, Canaccord Genuity says Michael Kors took market share from Coach in the logo business during the quarter.