Company Earnings UpdateMichael 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. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: AI in Retail: What’s Now and What’s Next—Premium Subscriber Call, November 2025A Guide to NRF 2025: Retail’s Big Show—Six Game Changers Set to Reshape RetailPutting the “AI” in “Airlines”: Insights from CES 2025The Tech-Driven Future of US Retail: AI To Power Smarter Supply Chains, Seamless Operations and Personalized Experiences
