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Kate Spade & Co (LIZ.MU)

LIZ.MU on Munich Stock Exchange

22.33EUR
21 Feb 2017
Change (% chg)

€0.33 (+1.50%)
Prev Close
€22.00
Open
€22.00
Day's High
€22.33
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€22.00
Volume
50
Avg. Vol
887
52-wk High
€22.83
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€13.40

Latest Key Developments (Source: Significant Developments)

Kate Spade & Company says reviewing strategic alternatives
Thursday, 16 Feb 2017 08:00am EST 

Kate Spade & Co : Kate Spade & Co - company is in process of reviewing strategic alternatives to enhance shareholder value . Kate spade & company reports fourth quarter and full year 2016 results and is reviewing strategic alternatives . Q4 earnings per share $0.67 from continuing operations . Q4 sales $471 million versus I/B/E/S view $472.8 million . Q4 earnings per share view $0.35 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.41 from continuing operations . Kate Spade & Co - no forward-looking guidance will be provided at this time . Kate Spade & Co - direct-to-consumer comparable sales growth of 9% for q4 .Kate Spade - in consultation with perella weinberg partners as financial advisor co is conducting process to explore and evaluate strategic alternatives.  Full Article

Retailer Kate Spade is exploring a sale - CNBC citing DJ
Wednesday, 28 Dec 2016 12:38pm EST 

: Retailer Kate Spade is exploring a sale and is working with investment banks to sound out possible acquirers - CNBC citing DJ Further company coverage: [KATE.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Caerus investors sent letter to Kate Spade board chairman
Monday, 14 Nov 2016 06:00am EST 

Kate Spade & Co : Caerus investors - sent letter to Kate Spade board chairman urging board to take steps to realize "shareholder value by pursuing a sale of company" .Caerus investors - think Kate Spade would make a great acquisition candidate for a strategic company in lifestyle accessories category.  Full Article

Jana Partners takes sole share stake in Yahoo, Twitter
Monday, 14 Nov 2016 05:19am EST 

Jana Partners LLC : Jana Partners LLC takes sole share stake in Yahoo Inc - sec filing . Jana Partners LLC takes 2.9 million sole share stake in Twitter - sec filing . Jana Partners LLC ups sole share stake in Marathon Petroleum Corp by 61.1 percent to 4.4 million shares . Jana Partners LLC dissolves sole share stake in Expedia Inc . Jana Partners LLC takes sole share stake of class B shares in Viacom Inc . Jana Partners LLC ups sole share stake in Hewlett Packard Enterprise Co by 68.2 percent to 6.8 million shares . Jana Partners LLC takes sole share stake of 1.1 million shares in Kate Spade & Co . Jana Partners LLC takes sole share stake of 5.6 million shares in Johnson Controls International . Jana Partners LLC dissolves sole share stake in Pinnacle Foods Inc .Jana Partners LLC - change in holdings are as of September 30, 2016 and compared with the previous quarter ended as of June 30, 2016.  Full Article

Kate Spade Q2 adjusted EPS $0.11 from continuing operations
Wednesday, 3 Aug 2016 07:00am EDT 

Kate Spade & Co : Q2 earnings per share $0.19 from continuing operations . Q2 sales rose 13.7 percent to $320 million . Q2 2016 direct-to-consumer comparable sales growth was 4%, or 1% excluding ecommerce . Sees FY net sales $1.370 billion - $1.400 billion . Fy2016 earnings per share view $0.78, revenue view $1.41 billion -- Thomson Reuters I/B/E/S . Sees DTC comparable sales growth for FY 2016 high single-digit to low double-digit growth . Updates full year 2016 guidance . Q2 adjusted earnings per share $0.11 from continuing operations . Q2 earnings per share view $0.14, revenue view $318.5 million -- Thomson Reuters I/B/E/S . Sees FY diluted earnings per share $0.63 - $0.70 .Sees FY 2016 capital expenditures $65 million - $70mln.  Full Article

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

More From Around the Web

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Kate Spade to explore strategic options amid investor pressure

Handbag and accessories maker Kate Spade & Co said on Thursday it would explore strategic alternatives, bowing to pressure from U.S. hedge fund Caerus Investors. | Video