Company Earnings Update 3 minutesRegister for Free AccessMichael Kors (KORS) Fiscal 1Q18 Results: Beats Expectations, Boosted by Better-than-Expected Comps Coresight Research August 9, 2017 Executive Summary Michael Kors reported fiscal 1Q18 revenues of $952.4 million, down 3.6% year over year and ahead of the $918.7 million consensus estimate. EPS was $0.80, beating the consensus estimate of $0.62. Reported comps were down 5.9% versus the consensus estimate of a 9.2% decline and prior guidance of a high-single-digit decline. The company provided 2Q18 EPS guidance of $0.80–$0.84, above the consensus estimate of $0.78. Revenues are expected to be $1.035–$1.055 billion for the second quarter, versus consensus of $1.01 billion. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Fashinnovation’s Worldwide Talks 8: Entrepreneurship, Sustainability and Technology To Drive Fashion in 2023Revisiting Dubai Retail: New Developments Paint a Promising Scene in Dubai and the Persian Gulf RegionDay One at NRF 2023: Retail’s Big Show—Personalization Drives Retail Relevance at Every Consumer TouchpointSocial Splurge—Consumers Get Out and About During Memorial Day Weekend: US Consumer Survey Insights