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Michael Kors Holdings Ltd Issues Q4 2013 Outlook; Revenue Guidance Above Estimates; Comments On Q4 2013 Same Store Sales Outlook; Raises FY 2013 Outlook; Reaffirms FY 2013 Sames Store Sales Outlook


Tuesday, 12 Feb 2013 07:00am EST 

Michael Kors Holdings Ltd announced that for fourth quarter of 2013, it expects total revenue to be in the range of $515-$525 million. This assumes a low to mid-twenty percent comparable store sales increase. Diluted earnings per share are expected to be in the range of $0.32-$0.34. For fiscal 2013, the Company now expects total revenue to be approximately $2.1 billion. This assumes a mid-thirty percent comparable store sales increase. Diluted earnings per share are now expected to be in the range of $1.80 to $1.82 for fiscal 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $513 million and EPS of $0.33 for fourth quarter of 2013; revenue of $2.0 billion and EPS of $1.57 for fiscal 2013. 

Company Quote

74.61
0.32 +0.43%
19 Dec 2014