Kate Spade & Co (LIZ.MU) Key Developments | Reuters.com
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Kate Spade & Co (LIZ.MU)

LIZ.MU on Munich Stock Exchange

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29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Kate Spade & Co reaffirms FY 2016 guidance
Wednesday, 4 May 2016 07:00am EDT 

Kate Spade & Co:Expects FY 2016 net sales of $1.385- $1.410 billion.Expects FY 2016 adjusted EBITDA of $257- $282 million and diluted earnings per share of $0.70 - $0.80.  Full Article

Kate Spade & Co says on March 3 named CFO Thomas Linko as principal accounting officer
Monday, 7 Mar 2016 05:17pm EST 

Kate Spade & Co:On March 3 appointed Thomas Linko, senior vice president and chief financial officer, as the company's principal accounting officer.Says Linko will assume this additional role while remaining in his current position as chief financial officer of the company.  Full Article

Kate Spade & Co gives FY 2016 guidance
Tuesday, 1 Mar 2016 07:00am EST 

Kate Spade & Co:Expects FY 2016 net sales of $1.385- $1.410 billion, adjusted EBITDA of $257- $282 million and diluted earnings per share of $0.70 - $0.80.  Full Article

Kate Spade & Co comments on Q2 2015 comparable sales growth guidance
Wednesday, 5 Aug 2015 07:15am EDT 

Kate Spade & Co:Sees Q2 2015 direct-to-consumer comparable sales growth of 10 pct. and 12 pct.  Full Article

Kate Spade & Co reaffirms FY 2015 guidance
Thursday, 7 May 2015 07:15am EDT 

Kate Spade & Co:Reaffirmed FY 2015 guidance for net sales of $1.2 billion to $1.275 billion and adjusted EBITDA of $185 million to $200 million.FY 2015 revenue of $1.270 billion and EBITDA of $196 million - Thomson Reuters I/B/E/S.  Full Article

Kate Spade & Co reaffirms FY 2015 guidance
Tuesday, 3 Mar 2015 07:22am EST 

Kate Spade & Co:Reaffirms FY 2015 adjusted EBITDA guidance of $185 - $200 million.Continues to expect FY 2015 net sales in the range of $1.200 to $1.275 billion.FY 2015 revenue of $1.284 billion and EBITDA of $199 million - Thomson Reuters I/B/E/S.  Full Article

Kate Spade & Co announces four new licensing agreements
Tuesday, 3 Mar 2015 07:16am EST 

Kate Spade & Co:Announces expansion of its growing home category with four new licensing agreements under kate spade new york brand.Says partnerships will fuel Kate Spade & Company's long-term growth strategy and continued focus on product category expansion.Says it is collaborating with DWI Holdings, EJ Victor, Kravet, Jaipur.Says it expanding license with Lenox Corporation and introducing a kate spade new york housewares collection named All in Good Taste.  Full Article

Kate Spade & Co and The Lane Crawford Joyce Group's subsidiary announce partnership
Thursday, 29 Jan 2015 08:16am EST 

Kate Spade & Co and Walton Brown (subsidiary of Lane Crawford Joyce Group):Says companies have formed joint ventures.Focused on scaling and accelerating Kate Spade & Company's growth in Greater China, continuing its geographic expansion plans.Newly formed partnership will leverage expertise of Walton Brown, and global demand for Kate Spade & Company products, to establish strategic network of stores in key cities, enhanced by a robust organizational and marketing platform across China, Hong Kong, Macau and Taiwan.  Full Article

Kate Spade & Co gives FY 2014 revenue guidance above analysts' estimates; raises FY 2014 EBITDA guidance; gives FY 2015 guidance
Thursday, 29 Jan 2015 08:15am EST 

Kate Spade & Co:Expects FY 2014 net sales increase of over 40 pct. compared to last year, to range of $1.130 billion to $1.140 billion.Expects FY 2014 adjusted EBITDA in a range of $145 million to $150 million, which includes losses of $29 million from Kate Spade Saturday and brick and mortar operations of Jack Spade, as well as inventory charges resulting from planned initiatives.Expects FY 2015 net sales in the range of $1.200 billion to $1.275 billion, including planned decrease compared to FY 2014 in excess of $125 million, which includes impact of above factor.Expects FY 2015 adjusted EBITDA in the range of $185 million to $200 million.FY 2015 adjusted EBITDA estimate does not include $26 million contract termination fee, which is part of aggregate $36 million payment to be made to E-Land to acquire its interest in Kate Spade China Co. Ltd. and terminate related contracts.FY 2014 revenue of $1.102 billion and EBITDA of $137 million - Thomson Reuters I/B/E/S.  Full Article

Kate Spade & Co increases FY 2014 EBITDA guidance
Thursday, 6 Nov 2014 07:15am EST 

Kate Spade & Co:Increases FY 2014 adjusted EBITDA guidance to range of $130 million - $140 million.FY 2014 EBITDA of $138 million - Thomson Reuters I/B/E/S.  Full Article

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Kate Spade posts biggest rise in comparable sales in over a year

Kate Spade & Co's comparable store sales increased at their fastest pace in five quarters, smashing Wall Street estimates, as demand surged for its quirky handbags and accessories in North America.