Insight ReportMichael Kors (KORS) 3Q15 Results: Inflection in Comps Driven by Better Conversion Coresight Research February 2, 2016 Executive Summary Michael Kors’ 3Q15 EPS was $1.59 versus consensus of $1.46. Total revenue in the Americas increased by 0.4%, to $1.06 billion. European revenue grew by 14.3%, to $276.0 million, and revenue in Japan increased by 59.1%, to $25.5 million. Comps were down 0.9% in the period versus guidance that called for a mid-single-digit decline and consensus of (4.4)%. Comp trends improved sequentially. Management provided 4Q15 guidance for EPS of $0.93–$0.97 versus consensus of $1.00. Comps are expected to be flat and total revenues are expected to be $1.13–$1.15 billion versus consensus of $1.16 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: Three Data Points We’re Watching This Week, Week 13: Dollar Tree, Inc. To Sell Family DollarRetail 2025: UK Retail Predictions—Midyear Trends UpdateWeekly US Store Openings and Closures Tracker 2025, Week 27: Beauty Brand Miss A Announces Store ExpansionUS Holiday 2025: Early Outlook—Improving Signals, But Will It Last?
