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The Coca-Cola Company Message Board

qofaslave69 416 posts  |  Last Activity: 13 hours ago Member since: Nov 6, 2005
  • Reply to

    John Idol Shares

    by qofaslave69 Jun 4, 2014 8:44 PM
    qofaslave69 qofaslave69 Jun 5, 2014 12:42 AM Flag

    He has earned the incentives, and done a fine job at Michael Kors...

  • Reply to

    Phillip Van Heusen (PVH) Misses

    by qofaslave69 Jun 4, 2014 4:40 PM
    qofaslave69 qofaslave69 Jun 5, 2014 12:40 AM Flag

    KORS is forming a base and is not showing much strength...so yeah...

  • qofaslave69 by qofaslave69 Jun 4, 2014 8:44 PM Flag

    John Idol received over 23, 000 shares as a result of the Ominbus Incentive Plan
    His shares vest every June for the next several years.

  • qofaslave69 qofaslave69 Jun 4, 2014 8:39 PM Flag

    Are you serious? We have had three lovely days of June, and you are going to determine interest is down? How does April-June compare to April-June 2013?

    Google Trends is only one of many metrics I use to determine sales at KORS. Do you know the conversion rate from their Facebook page? Maybe those consumers don't need to "Google" Michael Kors any longer? They have nearly 14 million "friends" who shop from the Facebook page now.

    There are far too many variables to determine that sales are slowing because Google trends says June 2013 Michael Kors had a 44 rating and in 2014 they have a 58 rating. The trend is still up at KORS. A big beat and raise quarter is looming in August.

  • Reply to

    Phillip Van Heusen (PVH) Misses

    by qofaslave69 Jun 4, 2014 4:40 PM
    qofaslave69 qofaslave69 Jun 4, 2014 4:42 PM Flag

    I wonder if Ole Herb Greenberg will pounce on their shrinking margins due to discounting?
    Something tells me no....as nobody is paying him to do so...

  • Earnings per share on a non-GAAP basis was $1.47 as compared to $1.91 in the prior year’s first quarter.
    GAAP earnings per share was $0.42 as compared to the prior year’s first quarter loss per share of $(0.13).
    Revenue was $1.964 billion, an increase of 4% on a non-GAAP basis as compared to the prior year amount excluding $47 million of revenue related to the Bass business (which was sold during the fourth quarter of 2013), despite revenue in the North American businesses being under significant pressure due to unseasonably cold weather across the region. On a GAAP basis, total revenue increased 3% as compared to prior year GAAP revenue of $1.910 billion. 2013 GAAP revenue was $30 million lower than revenue on a non-GAAP basis, attributable to sales returns for certain wholesale customers in the acquired Asia business in connection with an initiative to reduce excess inventory levels. The revenue increases over the prior year were principally driven by growth in the Company’s Tommy Hilfiger business of 6% and in the Company’s Calvin Klein business of 4% on a non-GAAP basis and 9% on a GAAP basis. These increases were partially offset by a revenue decline of 2% in the Company’s Heritage Brands business excluding the $47 million of 2013 Bass revenue, or 11% including such revenue.
    CEO Comments:

    Commenting on these results, Emanuel Chirico, Chairman and Chief Executive Officer, noted, “We are pleased with our first quarter results, which were in line with our expectations, despite the unseasonably cool weather in North America and the volatility experienced in the global retail environment in the first quarter. Unfortunately, the challenging macroeconomic environment has continued into the second quarter, with heightened promotional activity across the North American retail landscape. As such, we believe our North American businesses will experience margin pressure in the second quarter and we have lowered our full year earnings per share guidance to reflect this. We will continue to make the previously planned strategic investments, particularly in the acquired Calvin Klein businesses, in order to unlock the full global potential of the Calvin Klein businesses over the long-term.”

  • qofaslave69 by qofaslave69 Jun 4, 2014 12:04 PM Flag

    Coach retreats after analyst cuts rating to Neutral
    Shares of luxury products retailer Coach (COH) are falling after research firm Sterne Agee lowered its rating on the stock to Neutral from Buy in a note to investors earlier today. WHAT'S NEW: Coach's North American business has been deteriorating and the company's fortunes don't appear set to rebound in the near-term, Sterne Agee analyst Ike Boruchow wrote. Meanwhile, the company's balance sheet and cash flow dynamics are weakening, while its earnings and multiple could drop, the analyst warned. Boruchow cut his price target on the shares to $41 from $51. WHAT'S NOTABLE: Another luxury products retailer, Michael Kors (KORS), reported stronger than expected fourth quarter results on May 28, but warned that it expects its gross margin to drop slightly this quarter versus the same period a year earlier. The stock fell significantly but has since made up some of its losses. PRICE ACTION: In late morning trading, Coach fell 2.4% to $39.07 and Michael Kors was up 0.3% at $94.33.

  • qofaslave69 by qofaslave69 Jun 4, 2014 11:17 AM Flag

    GILD has been forming a base for several months not. The biotech stock have had a nasty selloff, and now look primed for a run. GILD reported blowout earnings, and still sold off, and that is what happens when a stock is basing.

    KORS fundamentals are fine, and I believe the current action is purely technical. Give it time and let it breathe… They are best of breed...

  • Reply to

    We're popping past $99 in the coming days...

    by winningstox Jun 4, 2014 1:03 AM
    qofaslave69 qofaslave69 Jun 4, 2014 9:40 AM Flag

    Thread is marked. I doubt we make new highs before August....
    The stock reacted negatively to blowout earnings, and technically, it is forming a base...

  • Reply to

    HERB WAS KILLING DECK AT $27

    by therealguzz Jun 3, 2014 3:30 PM
    qofaslave69 qofaslave69 Jun 3, 2014 11:50 PM Flag

    Poor Herrbie....he is a desperate hack...

    First, he whined about "Asian Inventories!" Then he complained about margins. Now, he says everyone is so confused.

    KORS management seemed clear to me, and they have been really consistent. Go listen to their last 5-6 conference calls and see what they say about margins.

    Most analysts upgraded the stock and raised price targets. I think Herb is the only one confused...

  • Reply to

    Tomorrow? In at 93, getting anxious

    by oh2bfishin Jun 3, 2014 10:08 PM
    qofaslave69 qofaslave69 Jun 3, 2014 11:46 PM Flag

    If a stock makes you anxious it is time to sell. I would sell and buy back later if you are more comfortable buying at a later date. Nobody knows what direction the stock will go. But, if blowout earnings did not make the stock pop, then it is logical to think there are no other catalysts. Technically, this stock is forming a base. Fundamentally, there are few posting consistent earnings growth numbers.

  • Reply to

    HERB WAS KILLING DECK AT $27

    by therealguzz Jun 3, 2014 3:30 PM
    qofaslave69 qofaslave69 Jun 3, 2014 4:32 PM Flag

    I like the fact that Herb is bashing the stock as he might draw some bears in? Obviously, he is being paid by some hedge fund to bash KORS. But, he really does not know what he is talking about. At first he complained about "Asian Inventories" (like he knows anything about that). Now, he is whining about a immaterial margin movements on a blow out quarter.

    KORS has $1 billion in cash and zero debt. Louis Gerstner, who turned around IBM, said the metric to watch in regards to the health of a company is free cash flow. KORS generated $117 million in free cash flow last quarter, and over $200 million the previous quarter. He never mentioned margins.

  • Reply to

    Store Count #

    by pigsuckingshortmaggot Jun 3, 2014 8:46 AM
    qofaslave69 qofaslave69 Jun 3, 2014 11:10 AM Flag

    There is one outlet within 50 miles of Silicon Valley (Gilroy), and they do not have the same selection as the Michael Kors retail stores.

  • qofaslave69 by qofaslave69 Jun 3, 2014 11:09 AM Flag

    GIII reported a fantastic quarter. The firm beat guidance and raised EPS and revenue estimates.

    G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2015 Results
    -- Net Sales Increase 34% to $366.2 Million --
    -- Results for First Quarter Surpass Guidance and Prior Year with Net Income of $0.06 Per Diluted Share --
    -- Full-Year Guidance Increased on Strong First Quarter and Improved Outlook for Year --

  • Reply to

    Couple issues with this board

    by rickshawfreak911 Jun 2, 2014 9:23 PM
    qofaslave69 qofaslave69 Jun 3, 2014 12:33 AM Flag

    One does not need to be an IT person to know that when Tim Cook says, "Chinese are switching to iPhone" it is code for "blowout quarter looming!"

    China Mobile will help drive big revenue growth in the coming years.

  • Reply to

    Most Important Thing Said

    by qofaslave69 Jun 2, 2014 3:04 PM
    qofaslave69 qofaslave69 Jun 2, 2014 4:13 PM Flag

    China Mobile…Ka-Ching! Blowout earnings for quite some time...

  • qofaslave69 by qofaslave69 Jun 2, 2014 3:04 PM Flag

    Chinese are adopting the iPhone like crazy, and switching over from Android.
    That is a huge consumer market...

  • qofaslave69 by qofaslave69 Jun 2, 2014 12:00 PM Flag

    The 4th quarter of 2014 was an excellent one for KORS. The beat on both the top and bottom lines dwarfed that of any other apparel retailer. Most retailers are whining about the weather and slow mall traffic. For KORS to sell off after such a stellar report must be technical action, and not related to the fundamentals of this company. I suspect at some point KORS will be rewarded for its organic EPS and revenue growth.

    KATE missed by 50% as they were expected to lose $.04 and actually lost $.06. Coach had a negative 21% same store sales number. KORS is obviously taking market share and is the winner in this space.
    They will report another beat and raise quarter for Q1 2015 in the first week of August. Will the stock sell off again?

  • qofaslave69 qofaslave69 Jun 2, 2014 8:09 AM Flag

    Michael Kors does not rely on outlets for revenue, and that is Coach's area.
    The analysts were overwhelmingly positive on KORS after Q4 and most raised their price target. Goldman Sachs raised its target to $134!

  • qofaslave69 by qofaslave69 Jun 1, 2014 8:56 PM Flag

    I visited two Michael Kors stores today, and called several others in various cities. Yes, they are discounting some of their older bags. You can get 20%-30% off a few Hamilton and Selma bags. I have no problem with KORS discounting to get rid of old inventory. They have been saying for years that "normalization" will happen at some point. The hot new bag is the Sutton Tote, and it is "flying off the shelves."

    In looking back at Q4 2014 it was a great quarter, and certainly not one to prompt a selloff. There are darn few retail firms who are beating decisively on both the top line and bottom lines. Most are making their numbers by laying off employees or having a stock repurchase program. Michael Kors is growing organically and promises to grow 20%-25% for quite some time.

    They crushed the revenue estimates and how many firms are doing that these days? Name a few for me please! Stocks go up when they are ready, and not when you want them to rise. Many newbies piled in prior to earnings expecting a spike after the EPS report, and they got flushed out. The strong hands still hold. I still believe $120 is a minimum for KORS this year.

KO
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