More on Michael Kors (KORS) FQ3: The retailer blows past the estimates of analysts as comparable...

|About: Michael Kors Holdings (KORS)|By:, SA News Editor

More on Michael Kors (KORS) FQ3: The retailer blows past the estimates of analysts as comparable store sales soared 41.4%. A sharp 75% sales increase in the North America wholesale segment is tied to the strong comparable stores sales growth and ongoing conversion to shop-in-shops in department stores. The company raises its estimate for Q4 revenue to $515M-$525M vs. $513 consensus. KORS +10.5% premarket. (PR)