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Michael Kors Holdings Ltd Issues Q1, FY 2014 EPS Guidance; Revenue Guidance Below Analysts' Estimates; Comments On Q1, FY 2014 Comparable Same Store Sales Guidance


Wednesday, 29 May 2013 07:00am EDT 

Michael Kors Holdings Ltd announced that for first quarter of 2014, it expects total revenue to be in the range of $555 million to $565 million. This assumes a comparable store sales increase of approximately 20% and Diluted earnings per share (EPS) are expected to be in the range of $0.46 to $0.48. For fiscal 2014, it expects total revenue to be in the range of $2.65 billion to $2.75 billion. This assumes a comparable store sales increase in the range of 15% to 20% and Diluted EPS are expected to be in the range of $2.43 to $2.47. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $566 million and EPS of $0.48 for first quarter of 2014; revenue of $2.82 billion and EPS of $2.45 for fiscal 2014. 

Company Quote

75.09
-1.86 -2.42%
4:01pm EDT