Michael Kors Holdings to close stores as sales lag

Michael Kors Holdings to close stores as sales lag

Freestone Capital Hldgs Lc invested in 14,149 shares. Institutional investors own 88.54% of the company's stock. Moreover, Qs Investors Limited Co has 0.05% invested in Michael Kors Holdings Ltd (NYSE:KORS) for 140,202 shares. Forester Mgmt Limited reported 38,680 shares stake. 237,256 are owned by Blackrock Japan Limited. Td Asset Management reported 0% stake. Jefferies Grp Inc Ltd Liability Company accumulated 49,296 shares or 0.01% of the stock. Cove Street Capital Llc, a California-based fund reported 1.22 million shares. Alpha One also gave news articles about the lifestyle brand an impact score of 81 out of 100, meaning that recent media coverage is very likely to have an impact on the company's share price in the next several days.

There may be less Michael Kors handbag sightings in Los Angeles - and more in Asian cities - in years to come.

Michael Kors Holdings Limited closed its last trading session at $36.27 with the loss of -8.52%. $247,576 worth of Michael Kors Holdings Ltd (NYSE:KORS) shares were sold by McDonough Krista A.

Since December 5, 2016, it had 0 insider buys, and 2 selling transactions for $6.53 million activity. Principal Grp has 0.02% invested in Michael Kors Holdings Ltd (NYSE:KORS) for 279,658 shares. Evercore ISI cut Michael Kors Holdings from a "buy" rating to a "hold" rating in a research report on Wednesday, February 1st. Therefore 13% are positive. Michael Kors Holdings Ltd has a 12 month low of $32.38 and a 12 month high of $53.29. The company now has an average rating of "Hold" and a consensus target price of $42.27. However, for the first quarter of fiscal 2018, the company expects total revenue to be between $910 and $930 million. The stock of Michael Kors Holdings Ltd (NYSE:KORS) has "Hold" rating given on Wednesday, May 31 by Oppenheimer. The stock has "Hold" rating by Piper Jaffray on Tuesday, May 30. Global Partners had 12 analyst reports since August 8, 2015 according to SRatingsIntel. (NYSE:RRC), 23 have Buy rating, 2 Sell and 9 Hold. First Heartland Consultants Inc. purchased a new stake in Michael Kors Holdings during the third quarter valued at $201,000. The firm has "Sector Perform" rating given on Tuesday, April 26 by KeyBanc Capital Markets. The firm earned "Neutral" rating on Tuesday, January 3 by Piper Jaffray. The company was maintained on Thursday, June 2 by Goldman Sachs. Highland Cap Limited Liability has 5,233 shares. Ltd. boosted its position in shares of Michael Kors Holdings by 0.7% in the third quarter. It has underperformed by 27.24% the S&P500. Pennsylvania-based Sei Investments has invested 0.01% in Michael Kors Holdings Ltd (NYSE:KORS). Analysts forecast earnings per share of $0.70, down exactly $0.28 or 28.57 % from 2014's $0.98 EPS. With $619.7 million, there was 11.1 per cent decrease in the company's gross profit for the fourth quarter of 2017.

Comey OK'd to testify; House committee issues subpoenas
Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. Richard Burr, R-N.C., said the committee "welcomes the testimony of former director Comey" but declined to comment further.

Michael Kors Holdings (NYSE:KORS) last posted its quarterly earnings results on Wednesday, May 31st.

Michael Kors Holdings Limited is a designer, marketer, distributor and retailer of branded women's apparel and accessories and men's apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. The company was maintained on Wednesday, February 3 by RBC Capital Markets. The Firm operates through three divisions: retail, wholesale and licensing.

Another critical number in evaluating a stock is P/E or the price to earnings ratio. The Retail activities consist of collection stores and lifestyle stores, including concessions and outlet stores, located primarily in the Americas, Europe and Asia, as well as e-commerce.

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