Stunning quarter for Michael Kors, shares +21% early

• Michael Kors (KORS) soars in early trading after a smashing FQ3 earnings report.
• Comparable-store sales rose 28% during a period in which most retail peers were struggling to stay in positive territory.
• Wholesale sales rose 68.2% Y/Y to $461M and licensing revenue was up 59% to $47.4M.
• KORS +21.1% premarket