Stock Of The Day – Michael Kors Holdings (KORS)February 04, 2014
We thought we would take a closer look at Michael Kors Holdings today as the stock is up an impressive 18% this morning on the back of increasing fiscal year guidance once again.
What Do They Do:
According to their website, Michael Kors is a global luxury retail company. They have two main divisions: the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection. In recent years the company has moved beyond just apparel into handbags, small leather goods, eye wear, jewelry, watches and football. They have a presence in 74 countries.