SUBSCRIBERS

Michael Kors' Q2 pips analysts' estimates; new stores outside US help

Published Thu, Nov 5, 2015 · 09:50 PM

New York

MICHAEL Kors Holdings Ltd, the seller of luxury handbags and clothing, posted a second-quarter profit that topped analysts' estimates, even as its new retail locations boosted sales.

Earnings in the quarter through Sept 26 were US$1.01 a share, the company said in a statement on Wednesday. Analysts had estimated 89 cents on average.

Michael Kors, founded by the American designer of the same name, has been opening new locations glo…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Consumer & Healthcare

Swiss watch exports plunge as China and Hong Kong demand dries up
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Billionaires selling cheap stuff get richer from inflation pain
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
Japan’s Uniqlo opens Rome store as part of European expansion
Abbott beats quarterly profit estimates on strong medical device sales

Companies & Markets

Michael Kors' Q2 pips analysts' estimates; new stores outside US help

Consumer & Healthcare

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

Abbott beats quarterly profit estimates on strong medical device sales

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT