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NYSE:KORSMichael Kors Stock Price, Forecast & News

$13.79
+1.00 (+7.82 %)
(As of 04/10/2020 04:13 AM ET)
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Today's Range
$12.92
Now: $13.79
$14.10
50-Day Range
$7.52
MA: $17.32
$28.86
52-Week Range
$35.68
Now: $13.79
$75.96
Volume4.26 million shs
Average Volume3.11 million shs
Market Capitalization$2.07 billion
P/E Ratio3.05
Dividend YieldN/A
Beta0.49
Michael Kors Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear. It operates collection stores and lifestyle stores, including concessions and outlets. As of March 31, 2018, this segment operated 379 Michael Kors retail stores, including concessions in the United States and Canada (North America), and Latin America (the Americas); and 450 international retail stores, including concessions in Europe and Asia, as well as e-commerce sites in North America, Canada, Europe, China, Japan, and South Korea. The MK Wholesale segment sells handbags and small leather goods; footwear; and women's and men's apparel to department stores and specialty shops in the Americas, Europe, and Asia. The MK Licensing segment licenses its trademarks to third parties to operate retail stores and/or sell the its products in Brazil, the Middle East, South Africa, Eastern Europe, Asia, and Australia. The Jimmy Choo segment sells luxury footwear, handbags, and small leather goods through directly operated Jimmy Choo stores in North America; Europe, the Middle East, and Africa; and Asia, as well as through Jimmy Choo e-commerce sites. It is also involved in the wholesale distribution activities to partners, multi-brand department stores, and specialty stores worldwide; and licensing agreements related to the manufacture and sale of fragrance, sunglasses, and eyewear. As of March 31, 2018, this segment operated 629 wholesale doors. The company sells its products under the names of MICHAEL KORS, MICHAEL MICHAEL KORS, JIMMY CHOO, and various other trademarks and logos. Michael Kors Holdings Limited was founded in 1981 and is based in London, the United Kingdom.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.08 out of 5 stars


Industry, Sector and Symbol

Industry Leather & leather products
Sub-IndustryApparel Accessories & Luxury Goods
SectorConsumer Discretionary
CUSIPG6075410
Phone44-20-7632-8600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.72 billion
Cash Flow$2.18 per share
Book Value$13.28 per share

Profitability

Net Income$591.90 million

Miscellaneous

EmployeesN/A
Market Cap$2.07 billion
Next Earnings DateN/A
OptionableOptionable

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Michael Kors (NYSE:KORS) Frequently Asked Questions

How has Michael Kors' stock been impacted by COVID-19 (Coronavirus)?

Michael Kors' stock was trading at $20.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KORS shares have decreased by 33.9% and is now trading at $13.79. View which stocks have been most impacted by Coronavirus.

How were Michael Kors' earnings last quarter?

Michael Kors Holdings Ltd (NYSE:KORS) posted its quarterly earnings results on Wednesday, August, 8th. The lifestyle brand reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.37. The lifestyle brand earned $1.20 billion during the quarter, compared to analysts' expectations of $1.14 billion. Michael Kors had a return on equity of 36.66% and a net margin of 11.57%. The company's quarterly revenue was up 26.3% on a year-over-year basis. During the same period last year, the company earned $0.80 earnings per share. View Michael Kors' earnings history.

Has Michael Kors been receiving favorable news coverage?

News coverage about KORS stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Michael Kors earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the lifestyle brand a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutMichael Kors.

Who are some of Michael Kors' key competitors?

What other stocks do shareholders of Michael Kors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Michael Kors investors own include Gilead Sciences (GILD), Starbucks (SBUX), Netflix (NFLX), Tesla (TSLA), QUALCOMM (QCOM), Alphabet (GOOG), Baidu (BIDU), Visa (V), Intel (intc) and Alibaba Group (BABA).

Who are Michael Kors' key executives?

Michael Kors' management team includes the following people:
  • Mr. John D. Idol, Chairman & CEO (Age 59)
  • Mr. Michael David Kors, Honorary Chairman, Chief Creative Officer & Director (Age 59)
  • Mr. Thomas J. Edwards Jr., Exec. VP, CFO, COO & Treasurer (Age 54)
  • Ms. Cathy Marie Robinson, COO & Sr. VP of Corp. Strategy (Age 50)
  • Ms. Pascale Meyran, Sr. VP & Chief HR Officer (Age 58)

What is Michael Kors' stock symbol?

Michael Kors trades on the New York Stock Exchange (NYSE) under the ticker symbol "KORS."

How do I buy shares of Michael Kors?

Shares of KORS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Michael Kors' stock price today?

One share of KORS stock can currently be purchased for approximately $13.79.

How big of a company is Michael Kors?

Michael Kors has a market capitalization of $2.07 billion and generates $4.72 billion in revenue each year. The lifestyle brand earns $591.90 million in net income (profit) each year or $4.52 on an earnings per share basis.  View additional information about Michael Kors.

What is Michael Kors' official website?

The official website for Michael Kors is http://www.michaelkors.com/.

How can I contact Michael Kors?

Michael Kors' mailing address is 33 KINGSWAY, LONDON X0, WC2B 6UF. The lifestyle brand can be reached via phone at 44-20-7632-8600 or via email at [email protected]

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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