Intraday Info: Michael Kors Holdings Ltd (NYSE:KORS) locked on 20/12/2016 at $44.26. It has average volume $3.21 million whilst it total volume $2.39M. The company has EPS 4.36 and according to analysts next quarter EPS and next year estimate EPS will 1.64 and 4.57 respectively. Profit Margin of KORS 16.70% and it total income 779.60 million.
Ownership Summary: Michael Kors Holdings Ltd has total institutional ownership 91.60% while its total outstanding shares 164 millions that’s value of holdings $6,747 million.
Active Positions: In the latest year, KORS 189 holders have raised its positions while it contains total 15,182,046 shares. And the strength of reduced positions holders and held positions holders are 264 and 69 respectively.
New and Sold Out Positions: In KORS force of new positions holders 61 and it have total shares 3,703,072. And force of sold out positions holders 57 and it has 7,292,735 shares.
Comparison with Other Company: The Market Value of KORS is $7M below from lululemon athletica Inc. market value which is $8M. Current Last Sale of KORS is $44.26 below from LULU current last sale which is $67.59.
Michael Kors Holdings constrained declared its financial outcomes for the fiscal 2017 2nd quarter ended October 1, 2016.
General revenue reduced three.7% to $1.09 billion from $1.13 billion in the 2d quarter of monetary 2016. On a consistent currency basis, overall sales decreased three.7%.
Retail internet sales raised 12.1% to $597.2 million pushed particularly through 198 net new save openings since the cease of the second one region of monetary 2016, counting 137 stores related to the enterprise’s current acquisitions of extra China and South Korea. comparable sales decreased 5.four%. On a steady currency basis, retail internet income raised 12.1%, and comparable income decreased 5.6%. Wholesale internet sales decreased 18.4% to $452.2 million and on a consistent forex basis, wholesale net sales reduced 18.five%. Licensing revenue reduced 10.2% to $38.8 million.
Overall revenue inside the Americas decreased 11.1% to $745.1 million on a stated foundation and decreased 11.1% on a constant currency foundation. ecu sales grew 1.9% to $248.zero million on a stated basis, and grew three five% on a regular forex foundation. Revenue in Asia raised 96.5% to $ninety five.1 million on a stated foundation, and raised 87.5% on a regular foreign money basis.
Gross income decreased three.0% to $644.7 million, and as a percent of overall sales become fifty nine.2%. Foreign forex translation and transaction favorably stimulated gross profit margin By means of about eighty foundation points. This compares to gross margin of fifty eight.8% within the 2d area of financial 2016.
Earnings from operations changed into $203.7 million, or 18.7% as a percent of total revenue. This compares to $273.1 million, or 24.2% as a percentage of overall sales, for the second quarter of monetary 2016.