Amid a new rush of analyst upgrades and glowing commentary, the investment firm thinks the luxury brand is bumping up against a point of maturity due its red-hot growth track.
Aside from Barclays, the consensus on the Street is chiefly for another Michael Kors earnings blow-out. The company has dazzled with its last few reports and Tiffany's showed last week that luxury demand is still vibrant.
Analysts expect Michael Kors to report EPS of $0.68 and revenue of $815.3M. The crowd at Estimize is at $0.76 and $857M.