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Michael Kors Holdings Limited Message Board

  • qofaslave69 qofaslave69 May 16, 2013 8:36 AM Flag

    JWN (Nordstrom's) Reports

    After the close today. I wonder if they will be as transparent as Dillard's, Fossil, and Macy's?

    At least KORS does not have an upgrade to drag it down today.
    The stock is trading much tighter than it has in the past leading into earnings...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Q, as always right on. No upgrade could mean green but you know it all seems like until earnings and until management says something about staying a public company and Idol and Kors let the stock run for a month. All the good and all the positives mean nothing. No one knows when the MM's are coming back but unless you are RICH and have been in from beginning you are not happy with this stock

      • 2 Replies to agcolony
        Nordstrom same-store sales, which consist of the full-line and Direct businesses, increased 3.1 percent. Top-performing merchandise categories included Cosmetics, Women’s Apparel and Handbags. Women’s Apparel outpaced the multi-channel average for the third consecutive quarter.

      • I am not rich, but pleased with the performance of KORS at this point. Typically, the stocks I purchase are blue chips where 10% is a great year (dividends boost performance). KORS is a risky purchase for me, and I do expect a two bagger. But, this will take 12-18 months. So, sometime in 2014 I expect KORS to trade around $100-$120. That is a good investment by any standards.

        KORS is best if breed and will outperform in time...
        Good luck to all...

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