|Bid||55.11 x 100|
|Ask||56.75 x 1000|
|Day's Range||55.84 - 56.72|
|52 Week Range||32.38 - 56.72|
|PE Ratio (TTM)||17.22|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Zacks.com featured highlights: Michael Kors Holdings, Tyson Foods, Sprouts Farmers Market, Triple-S Management and Rayonier
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Under Armour (UAA) has witnessed a significant price decline in the past four weeks, and has seen negative earnings estimate revisions for the current quarter and year.
Index (PMI) data, output in the Consumer Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
KORS's management gave a revised revenue guidance of $4.59 billion, or 2.1% higher YoY for fiscal 2018, compared with its the previous outlook of $4.28 billion.
Michael Kors (KORS) enjoyed a strong fiscal 2Q18, reporting a rise in revenues for the first time in the past five quarters.
KORS did better than the Wall Street expectations. EPS (earnings per share) stood at $1.33—50 cents more than the estimate—and revenues rose 5.4% YoY.
Tapestry’s (TPR) stock price was modestly affected by its first-quarter results. The stock inched 1.1% higher to close at $41.93 on November 7.
Tapestry (TPR) reported a 7% YoY (year-over-year) fall in 1Q18 earnings, which stood at 42 cents during the quarter. The company outperformed consensus 1Q18 earnings expectations of 36 cents.
The New York–based Tapestry (TPR) reported its results for the first quarter of 2018 before the market opened on November 7. The results relate to the three-month period ended September 30.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Ralph Lauren’s (RL) total revenue fell 8.6% YoY to $1.66 billion in 2Q18. The decline was within the company’s guidance of a 9%–10% fall.
Shares of Michael Kors Holding (KORS) inched lower today, pulling back a bit after the eye-popping rally that followed yesterday’s estimate-beating earnings report. At Canaccord Genuity, analyst Camilo Lyon raised the firm’s price target on Michael Kors to $67 from $58 , calling the company’s fiscal second quarter earnings “stellar.” At Susquehanna Financial Group, analyst Bill Dreher lifted his price target to $65 a share, noting that the company’s conservative guidance positions it for a positive earnings surprise. At MKM Partners, analyst Roxanne Meyer upgraded the stock from a Sell to a Neutral, noting that Michael Kors has delivered on its strategies by reporting better first-half comps and improved gross margins.
Michael Kors (KORS) is covered by 23 Wall Street analysts, who together have rated the company a 2.7 on a scale of 1 (strong buy) to 5 (strong sell).