The Coca-Cola Company Message Board
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I believe there will be no more SPO's... They can dump shares on open market without having a secondary...
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$4.7 million should get him through the weekend....
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At an average of $62...last Friday! Insider selling...oh my.... You can look at this two ways...
1. This is the way most executives reap rewards, and we will see more of this type of sale.
2. A sign of more sinsiter activity ahead...the greedy #$%$ wants to ruin us all.... -
Phillip Van Husesen reports after the bell on Wednesday, June 12. PVH is considered to be one of the main competitors for KORS (COH is main competition). I would hope that goes a wee bit better than the LULU call. What a train wreck that was...
Quality control issues, production problems, CEO retires...other than that; things are great!
Christine Day wanted to bring LULU down as she left, and it was obvious from the very first sentence. There is a great quote about a scorn woman here... - Reply to
spo 's destroyed this stock = this stock has matured in my view / GS will eat this
by creativeforce65 •Jun 11, 2013 10:11 AMI bought KORS yesterday in a brokerage account and plan on holding it for a year. Yeah, I will prolly sell it next summer around $90 and do not really care about market gyrations...
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Mr. Idol will not attend tomorrow. Mr. Parsons will represent KORS. He is the CFO and will not use the term "Jet-Set." But, he may use terms like "strong quarter" "robust sales" and/or "we are kicking the bejesus out of Coach!"
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spo 's destroyed this stock = this stock has matured in my view / GS will eat this
by creativeforce65 •Jun 11, 2013 10:11 AMThat's it...I am selling... KORS management guided to $2.43-$2.47 and that is less than 25% growth. With a multiple of 30 KORS is fairly valued right here. LULU is growing less than 25% with 7% same store sales and has a multiple of 35!
Where are the opportunities? -
A mixed bag...
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Prada SpA (1913), an Italian maker of $3,500 pony-skin totes, reported first-quarter profit growth that decelerated to the slowest pace in at least a year and said it will focus on cost control as it opens more stores.
Net income rose 14 percent to 138.2 million euros ($183.5 million) in the three months through April, Milan-based Prada said today in a statement. That fell short of the 141 million-euro median of seven analysts’ estimates compiled by Bloomberg. Revenue also climbed 14 percent to 782.3 million euros, trailing the average estimate of 790.3 million euros.
Enlarge image
The Prada SpA logo is seen on a window as the store undergoes expansion in Munich.
Luxury-goods makers have reported a slowdown in recent months. PPR SA reported first-quarter revenue in April that missed analysts’ estimates as Gucci posted its weakest quarterly growth in more than three years amid a weak European economy.
The international economic environment “remains extremely volatile and uncertain,” Prada Chief Executive Officer Patrizio Bertelli said today in the statement.
Prada has said it plans to open as many as 80 stores this year as it seeks to sell more $310 sunglasses and $750 wedges, particularly in Asia. The company, which aims to grow without making acquisitions, remains confident of a high single-digit percentage increase in like-for-like sales this year, Finance Director Donatello Galli said on a call today. Sales on that basis advanced 8 percent in the quarter, Prada said.
Prada’s same-store sales growth “seems pretty healthy in this market,” said Luca Solca, an analyst at Exane BNP Paribas. Still, the Miu Miu brand’s 5 percent gain in revenue “is not as bright as one could have hoped. -
Rich, LULU has had a long run. It was in a fifth stage base, and chances of success were slim.
KORS is in a position where LULU was five years ago. Although, KORS already generates more revenue than LULU and sports a larger market cap -
Sold all your shares...why disappointed?
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Michael Kors will present first on Wednesday morning, and will be represented by Joe Parsons...
Wednesday June 12, 2013
Track One
Track Two
Track Three
8:00 a.m. 8:30 – 9:15
Location: Track One, Holmes – 4th Floor
9:15 – 9:55
Michael Kors Holdings Limited (KORS) Joseph Parsons, EVP, Treasurer, COO & CFO
Cheesecake Factory Incorporated (The) (CAKE)
David Overton, Founder, Chairman & CEO*
Express Inc. (EXPR) Michael Weiss, Chairman & CEO*
9:55 – 10:35 10:35 – 11:15
Gap, Inc. (GPS)
Glenn Murphy, Chairman & CEO
Dave & Buster's Inc. (private) Steve King, CEO
Ascena Retail Group (ASNA) David Jaffe, President & CEO
11:15 – 11:55
Vera Bradley, Inc. (VRA) Mike Ray, CEO*
G-III Apparel Group, Ltd. (GIII) Neal Nackman, CFO*
Town Sports International Holdings, Inc. (CLUB)
Robert Giardina, CEO*
11:55 12:00 – 12:40
Please pick-up a boxed lunch as you transition to the 12:00 sessions (Visit the 4th floor foyer areas or Reid Salon, 2nd floor)
12:40 – 1:20
United Natural Foods, Inc. (UNFI) Mark Shamber, SVP, Treasurer & CFO
AFC Enterprises Inc. (AFCE) Cheryl Bachelder, CEO*
1:20 – 2:00 2:00 – 2:40
Lumber Liquidators Holdings, Inc. (LL) Robert Lynch, President & CEO*
Helen of Troy Limited (HELE) Gerald Rubin, Chairman, President & CEO
SunOpta, Inc. (STKL) Steve Bromley, CEO
Dollar General Corporation (DG) Rick Dreiling, Chairman & CEO
Ignite Restaurant Group, Inc. (IRG) Ray Blanchette, CEO*
Gordmans Stores, Inc. (GMAN) Jeff Gordman, President & CEO
TEEN PANEL
Northern Highlands Regional High School Allendale, New Jersey
Time: 12:10 – 1:10 p.m. Moderator: Erinn Murphy, Piper Jaffray Senior Research Analyst
Sonic Corp. (SONC)
Cliff Hudson, Chairman & CEO*
B&G Foods, Inc. (BGS) Dave Wenner, President & CEO
Tractor Supply Company (TSCO ) Tony Crudele, CFO
Steven Madden, Ltd. (SHOO) Edward Rosenfeld, Chairman & CEO
Natural Grocers by Vitamin Cottage, Inc. (NGVC)
Kemper Isely, Co-President*
Piper Jaffray 33rd Annual Consumer Conference June 12-13, 2013 -
Will KORS sell off in sympathy with the LULU report? Actually, it was a beat and raise quarter for LULU.
But, the stock is getting hammered as CEO, Christine Day is "retiring." -
The search data is much more reliable than social media. When people are searching; they are usually buying!
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Ruh-Roh...last stage base fail for LULU...
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An operating system? YAWN!
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$63.10 is high of day...
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Dollar cost averaging to the upside! By far, the most I have paid for KORS.
IBD buy point is $62.35... -
200 shares...
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Monday, June 10, 7:39 AM ET
A slight acceleration in retail sales in China during May up to a 12.9% growth pace bodes well for high-end sellers looking to keep up momentum in the nation. U.S. firms looking for double-digit sales growth to continue in China include Coach (COH), Tiffany (TIF), Ralph Lauren (RL), Michael Kors (KORS), V.F. Corp (VFC), and Warnaco Group (WRC). -
Rich, IBD has KORS at #28! The more important factor is they rate KORS as a "sector leader" and cite the buy point of $62.35 with a cup and handle base. This is the first base for KORS and the chances for a successful breakout are much greater on the first and second base, and more risky in late stage bases. LULU reports tomorrow and is working on a fifth stage base...
Ah...Bermuda must have been beautiful. We must all take time to enjoy a vacation and see what the world has to offer. Next year we are going to Croatia...