- 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
Stunning quarter for Michael Kors, shares +21% early
Feb 4 2014, 08:06 ET