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Michael Kors Holdings Limited Message Board

  • richrusso300 richrusso300 Apr 18, 2013 9:50 PM Flag

    Has Anyone Noticed Projected growth For COH This Quarter?

    Revenue March '12 1.11B Projected Revenue March '13 1.19B
    EPS March '12 .77 Procected EPS March '13 .81.

    We are talking mid single digits here, folks. No comparison to KORS, & yes KORS is smaller than COH but how long do you think till we pass COH in market cap & ultimatley sales?

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    • rich -- that stock is value trap .. it never going be kors
      people want kors -- my friend also bought kors

      this stock will see in the sixties pre earnings .. let it base at the moment
      watch it as it gets closer to earnings

      • 1 Reply to creativeforce65
      • COH's best days are behind them, & now that they have changed their buisness model to that of a proven winner, KORS ,their margins will fall big time. Heavy discounting a double edge sword as this too cuts into margins but then many don't buy because it's too cheap & not considered 'luxury'.
        Previous quarter Burberry tried to reach more of the middle class shoppers & the upper tier didn't buy & they had a bad quarter. This quarter they returned to the high end customer & buisness improved much to the delight of KORS as they are not in direct competition with Burberry so expect European comps which were the highest last quarter at over 50% to continue.

        The price does not reflect whats really going on with this company.

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