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Stock Market & Financial Investment News

News Breaks
February 4, 2014
07:03 EDTKORSMichael Kors reports Q3 EPS $1.11, consensus 86c
Reports Q3 revenue $1.0B, consensus $859.94M. The company said, "Our results reflect broad-based strength with significant revenue growth across our retail, wholesale and licensing segments as well as in our North American and international markets. Revenue in North America grew 51% and comparable store sales increased 24%, with performance driven primarily by accessories and watch offerings. In addition, our North America wholesale segment generated another quarter of strong sales growth, particularly in our accessories and footwear categories, and we continued to benefit from shop-in-shop conversions in department stores. In Europe, revenue grew 144% in the third quarter, with exceptional comparable store sales growth of 73%, which we believe was driven by growing brand awareness and demand across regions. Lastly, in our licensing segment, revenue increased 59%, with continued demand in watches and eyewear."
News For KORS From The Last 14 Days
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April 30, 2015
13:11 EDTKORSMichael Kors June volatility increases into Q4 and outlook
Michael Kors May call option implied volatility is at 27, June is at 32, August is at 30, November is at 29; compared to its 26-week average of 28 according to Track Data, suggesting large May price movement into the expected release of Q4 results in late May.
11:06 EDTKORSOptions with increasing implied volatility
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April 29, 2015
10:53 EDTKORSOptions with increasing implied volatility
Options with increasing implied volatility: THRX ALTR ARIA DECK ANF KORS CVC CCE
April 28, 2015
11:04 EDTKORSOptions with increasing implied volatility
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April 27, 2015
08:21 EDTKORSBofA/Merrill retail/consumer analysts hold analyst/industry conference call
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April 23, 2015
06:03 EDTKORSMichael Kors implied volatility of 24 at lower end of index mean range
April 22, 2015
06:00 EDTKORSMichael Kors implied volatility of 25 at lower end of index mean range
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April 20, 2015
10:00 EDTKORSOn The Fly: Analyst Downgrade Summary
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08:18 EDTKORSMichael Kors downgraded to Neutral with $70 target at Mizuho
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06:11 EDTKORSMichael Kors downgraded to Neutral from Buy at Mizuho
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06:10 EDTKORSMichael Kors implied volatility of 24 at lower end of index mean range

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