Buoyed by high performance of its retail, wholesale and licensing segments, Michael Kors Holdings Ltd. beat Wall Street expectations for fourth quarter earnings, the company announced Tuesday. Total revenue rose 58 percent in the quarter, reaching $380 million, as revenue from stores open for at least a year rose by 36 percent, Marketwatch reported. Sales [...]
Michael Kors Holding Ltd. Beats Wall Street Expectations, Stock Soars is a post from: The Inquisitr