Comp sales up 24% at Michael Kors


Michael Kors (NYSE:KORS) reports comparable-store sales rose 24.2% in FQ1.

Wholesale net sales were up 40.0% to $406.8M during the period, while licensing revenue improved 30.5% to $32.1M.

Gross profit rate +20 bps to 62.2%.

Inventory +65% Y/Y to $527.25M.

KORS +3.7% premarket

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs