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Michael Kors Holdings Ltd (NYSE:KORS): Current Price $63.96
Luxury lifestyle brand retailer Michael Kors Holdings Ltd (NYSE:KORS) reports FQ3 EPS of $0.64 and revenue of $636.8 million, beating by $0.23 and $96.5 billion, respectively. Compared to the same period last year, revenue during the quarter increased 70.4%, driven by retail net sales that rose 66.8% to $332.6 million while comparable stores retail net sales grew 41.4%. On the other hand, wholesale net sales were up 77.4% to $274.3 million and licensing revenue jumped 52.1% to $29.8 million.
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