Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €58.47 EUR
Change Today -0.128 / -0.22%
Volume 100.0
MKO On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 10:10 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

michael kors holdings ltd (MKO) Snapshot

Open
€58.20
Previous Close
€58.60
Day High
€58.84
Day Low
€58.20
52 Week High
05/27/14 - €72.46
52 Week Low
10/15/14 - €53.72
Market Cap
11.7B
Average Volume 10 Days
517.2
EPS TTM
--
Shares Outstanding
200.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MICHAEL KORS HOLDINGS LTD (MKO)

michael kors holdings ltd (MKO) Details

Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel. The company operates in three segments: Retail, Wholesale, and Licensing. The Retail segment is involved in the sale of women’s apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, fragrances, and eyewear. This segment operates 176 company-owned retail stores and 176 locations operated through its licensing partners. The Wholesale segment sells accessories, which include handbags and small leather goods, footwear, and women’s and men’s apparel to department stores and specialty shops in North America and Europe. The Licensing segment licenses its trademarks on products, such as fragrances, cosmetics, eyewear, leather goods, jewelry, watches, coats, men’s suits, swimwear, furs, and ties, as well as licenses rights to third parties to sell the company’s products in geographical regions, such as Korea, the Philippines, Singapore, Malaysia, Indonesia, Australia, the Middle East, Russia, Turkey, China, Hong Kong, Macau Taiwan, Latin America and the Caribbean, and India. The company sells its products under the names of MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. Michael Kors Holdings Limited was founded in 1981 and is based in Tsim Sha Tsui, Hong Kong.

9,184 Employees
Last Reported Date: 05/28/14
Founded in 1981

michael kors holdings ltd (MKO) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $2.5M
Honorary Chairman and Chief Creative Officer
Total Annual Compensation: $2.5M
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $583.3K
Senior Vice President of Business Affairs, Ge...
Total Annual Compensation: $483.3K
Compensation as of Fiscal Year 2014.

michael kors holdings ltd (MKO) Key Developments

Michael Kors Names Hanjoon (Michael) Kim as President of Korea

Michael Kors announced that Hanjoon (Michael) Kim has been named President of Korea, a newly created position. He will report to Stephane Lafay, the company’s President of Asia. Mr. Kim’s appointment, effective April 13, 2015, follows the company’s recent assumption of direct control of the Michael Kors business in South Korea. In his new role, Mr. Kim will focus on building the infrastructure for this region and developing an expansion strategy for South Korea to position the business for long-term growth. Mr. Kim was most recently at Ferragamo Korea, where he held the position of Representative Director.

Michael Kors Opens the Brand’s Global Store in SoHo

Michael Kors announced the opening of its store. Located at 520 Broadway in New York’s SoHo, the store features multiple milestones for the luxury lifestyle brand. Distinctive design elements can be found throughout the three-story, 22,000-square-foot store, starting with a new men’s design concept that occupies the 4,000-square-foot lower level. The men’s shop features chevron flooring in gray oak bordered by white marble, black embossed leather wall coverings, custom-built, polished and blackened stainless steel fixtures with gray smoked mirrors and gray-marble display cases.

Michael Kors Holdings Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months December 27, 2014; Provides Earnings Guidance for the Fourth Quarter of Fiscal 2015 and Full Fiscal Year 2015

Michael Kors Holdings Limited reported unaudited consolidated earnings results for the third quarter and nine months December 27, 2014. For the quarter, the company's net income was $303.7 million, or $1.48 per diluted share, net income for the third quarter of fiscal 2014 was $229.6 million, or $1.11 per diluted share. Total revenue increased 29.9% to $1.3 billion from $1.0 billion in the third quarter of fiscal 2014. On a constant currency basis, total revenue increased 32.6%. Income from operations was $418.5 million, or 31.8% as a percentage of total revenue, as compared to $343.2 million, or 33.9% as a percentage of total revenue, for the third quarter of fiscal 2014. Income before provision for income taxes was $417,010,000 compared to $343,128,000 a year ago. Capital expenditures for the quarter totaled $125.3 million. These expenditures were related to global retail store expansions and renovation, construction and renovation of shop-in-shops, investment on distribution facility and enhancement of information system infrastructure. For the nine months, the company’s total revenue increased 37.5% to $3.3 billion from $2.4 billion in the same period of fiscal 2014. On a constant currency basis, total revenue increased 38.6%. Income from operations for the first nine months was $1.0 billion and as a percentage of total revenue was 30.4%. For the same period of fiscal 2014, income from operations was $762.3 million, or 31.8% as a percentage of total revenue. Income before provision for income taxes was $997,109,000 compared to $761,574,000 a year ago. Net income was $698.4 million, or $3.38 per diluted share, net income for the same period of fiscal 2014 was $500.4 million, or $2.44 per diluted share. For the fourth quarter of fiscal 2015, the company expects total revenue to be in the range of $1.05 billion to $1.08 billion. This assumes a comparable store sales increase of mid-single digits on a reported basis and an increase of high single digits on a constant currency basis. Diluted earnings per share are expected to be in the range of $0.89 to $0.92 for the fourth quarter of fiscal 2015. This assumes 203.0 million weighted average diluted shares outstanding and a tax rate of approximately 30.0%. For fiscal 2015, the company now expects total revenue to be approximately $4.4 billion. This assumes a comparable store sales increase of low double digits on a reported basis, and an increase of low to mid-teens on a constant currency basis. Diluted earnings per share are expected to be in the range of $4.27 to $4.30 for fiscal 2015. This assumes 205.8 million weighted average diluted shares outstanding and a tax rate of approximately 30.0%. Capital expenditures are expected to total approximately $400 million for fiscal year 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MKO:GR €58.47 EUR -0.128

MKO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Coach Inc $42.65 USD +0.28
Hanesbrands Inc $32.22 USD -2.36
HUGO BOSS AG €112.97 EUR -0.106
Prada SpA $42.00 HKD -0.30
Tiffany & Co $87.12 USD +0.61
View Industry Companies
 

Industry Analysis

MKO

Industry Average

Valuation MKO Industry Range
Price/Earnings 15.3x
Price/Sales 3.1x
Price/Book 5.9x
Price/Cash Flow 13.0x
TEV/Sales 2.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MICHAEL KORS HOLDINGS LTD, please visit www.michaelkors.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.