Breaking Down Michael Kors Earnings: Watch Out, Coach
Feb 12th 2013 5:15PM
Updated Jun 10th 2013 3:55PM
In the following video, Motley Fool consumer goods analyst Blake Bos takes a look at Michael Kors' earnings report, which came out this morning. The company beat both in revenue and earnings per share by a wide margin, with comparable same-store sales up more than 40%; shares were up 10% on the news. Blake tells us how a lot of that growth came from the company's sales of leather goods and handbags, which should be worrying news for Coach .
Michael Kors is one of today's hottest high-end fashion brands, and that's translated into one of the best-performing stocks in retail -- since its debut on the market in late 2011, the share price has more than doubled. But with all that growth, has the stock finally become too expensive, or is there still room left to run? The Motley Fool's new premium report on Michael Kors gives investors all the information they need to make the right decision. We cover the key must-watch areas, opportunities, and threats to the company that investors need to know. To claim your copy, simply click here now for instant access.
The article Breaking Down Michael Kors Earnings: Watch Out, Coach originally appeared on Fool.com.Blake Bos has no position in any stocks mentioned. The Motley Fool recommends Coach. The Motley Fool owns shares of Coach. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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