Actionable news
0
All posts from Actionable news
Actionable news in KORS: MICHAEL KORS HOLDINGS LIMITED,

Michael Kors sales, profit beat estimates; buyback raised

A model presents creations from the Spring/Summer 2015 Michael Kors collection during New York Fashion Week September 10, 2014.

Handbag and accessories maker Michael Kors Holdings Ltd (KORS.N) reported better-than-expected quarterly sales and profit, and raised its share buyback program.

The company's shares rose 6.4 percent to $41.85 in premarket trading on Wednesday.

Kors, once a hot name in affordable luxury, has been...


More