- Michael Kors (KORS) reports comparable store sales rose a sizzling 23% in Q3 as demand stayed strong although decelerated a bit from last quarter.
- Gross profit as a percentage of total sales increased 150 bps to 60.8%.
- Sales in North America rose 31% while in Europe sales doubled compared to a year ago. (PR)
- KORS +1.5% premarket.
Sales growth still strong at Michael Kors
Nov 5 2013, 07:28 ET