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Michael Kors Holdings Limited Message Board

paul_speculator 3 posts  |  Last Activity: Mar 22, 2014 4:16 PM Member since: Oct 23, 1999
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  • Reply to

    LULU first UK(London) store on March 28

    by paul_speculator Mar 21, 2014 1:11 PM
    paul_speculator paul_speculator Mar 22, 2014 4:16 PM Flag

    rusty7860, Guidance matters most. They will be issuing guidance for the new year and the expectations would be to be a bit conservative. However, guidance for the current quarter should be inline or better simply because 2/3 of the quarter is almost over and they will guidance to be able to beat when the next report.
    They opened a lot of new stores versus last year. Many are in smaller markets I guess.
    I think they lowballed guidance for this quarter. Numerous winter storms hit them. Big sales in Canada and northern eastern us.
    So the weather excuse makes perfect sense in this case. They don't have European or Asian business to reduce the effects of adverse conditions.

    Sentiment: Strong Buy

  • Reply to

    LULU first UK(London) store on March 28

    by paul_speculator Mar 21, 2014 1:11 PM
    paul_speculator paul_speculator Mar 21, 2014 5:11 PM Flag

    I do however think they will beat the revenue for this quarter easily. It was a setup to be able to surprise on revenue so they can keep momentum into their first European store opening.
    CFO is a smart guy; he knows how it is played. That $10 drop on revised guidance in January he knows is temporary if they start beating.

    So many other companies are reporting weakness lately, lulu is a very low bar. I was glad Nike lowered guidance. The setup is even better for lulu now.

    Looking forward to it.

    Sentiment: Strong Buy

  • paul_speculator by paul_speculator Mar 21, 2014 1:11 PM Flag

    Interesting timing. Day after earnings. Wonder if that means anything. LOL.

    Make that the first euro store for the company. Growth growth growth.

    Sentiment: Strong Buy

KORS
89.93-0.18(-0.20%)Apr 17 4:01 PMEDT

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