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Michael Kors Holdings Limited Message Board

  • richrusso300 richrusso300 Mar 13, 2013 10:35 PM Flag

    Retail Sales

    Obviously the much better than expected US Feb sales increase where KORS does 90% of it's business far outweighed the lower retail sales in China which is under 1% of buisness.
    Firms confirming Feb sales KORS were improving will show mgmt's prediction of 20% comps compared to over 40% comps this year is way underestimated & we are most likely on our way to another blowout quarter.
    If market cooperates 60+ is possible even with the recent SPO before earnings are announced.

    Sentiment: Strong Buy

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