Tapestry Stock Soared on Q3 Earnings and Share Buyback Plan
Tapestry stock rose 8.5% on May 9 after the company announced better-than-expected earnings for the third quarter of fiscal 2019 and a new share repurchase plan.
Michael Kors Stock Rose after Strong First-Quarter Results
Michael Kors (KORS) stock has been surging ever since the company announced its fiscal first-quarter 2019 results on August 8.
How Guess Stock Reacted to Fiscal 4Q18 Results
Guess (GES) surged 28% on March 22, 2018, after reporting strong fourth-quarter earnings and issued upbeat guidance.
Gap Stock: How It’s Been Performing
Gap’s (GPS) deteriorating same-store sales and unimpressive bottom-line performance impacted its stock in 2015 and 2016.
Understanding Guess’s Stock Price Movement and Valuation
Guess is currently trading at a one-year forward PE (price-to-earnings) ratio of 21x. The company has traded cheaper historically.
Michael Kors: What Drove the Fiscal 3Q18 Top Line?
Michael Kors delivered strong fiscal 3Q18 results. Michael Kors recorded revenue growth of 6.5%—compared to the same quarter last year.
Key Insights from Michael Kors’s 3Q18 Results
Currently, Michael Kors is trading at a one-year forward PE (price-to-earnings) ratio of 13.8x—compared to a three-year average of 11.2x.
Tapestry Stock Surges after Strong Fiscal 2Q18 Results
As we’ve discussed throughout this six-part series, Tapestry (TPR) delivered better-than-expected results in fiscal 2Q18. It also raised its full-year earnings guidance.
Analysts’ Actions on Tapestry after Its Fiscal 2Q18 Results
No analysts changed their recommendations on Tapestry (TPR) after its fiscal 2Q18 results. However, a large number of analysts raised their price targets on the company.
Tapestry Beats on Top and Bottom Lines in Fiscal 2Q18
New York–based Tapestry (TPR) reported its fiscal 2Q18 earnings results on February 6, 2018. The company cruised ahead of Wall Street’s expectations.
Michael Kors’s Margins and Profitabilty Expectations for 3Q18
Michael Kors (KORS) is slated to report its 3Q18 earnings results on February 7. Management has guided for $1.22–$1.27 in earnings per share, including anticipated dilution of ~$0.04 from the Jimmy Choo acquisition.