Company Earnings Update 4 minutesRegister for Free AccessMichael Kors (KORS) Fiscal 2Q19 Results: EPS Beats Consensus; Company Raises Guidance Coresight Research November 12, 2018 Executive Summary Michael Kors reported that fiscal 2Q19 revenue increased by 9.3%, or $107.2 million, including a $116.7 million contribution from Jimmy Choo. Michael Kors brand sales declined by 1%, to $1,137.1 million, driven by a 1.3% decrease in Michael Kors Wholesale revenue. Michael Kors Retail comps declined by 2.1%, or 1.3% on a constant currency basis, and Retail division sales were flat year over year at $643.9 million. The company raised its full-year EPS guidance by $0.05, to $4.95–$5.05, reflecting better-than-anticipated fiscal 2Q19 operating performance and including dilution from Jimmy Choo of $0.05 to flat. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Consumer Tracker: Fewer Consumers Trade Down To Combat InflationData Dive: The Grocery-Store Categories Where US Shoppers Are Cutting Purchases the MostUS CPG Sales Tracker: Beauty Slows Sharply, While Online Grocery Growth Continues To DecelerateUS Consumer Tracker: Modest Valentine’s Day Spending Likely