Pursuits
Eminence’s Sandler Likes Michael Kors Holdings After Stock Slide
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Ricky Sandler, the head of $6.5 billion investment firm Eminence Capital, called fashion company Michael Kors Holdings Ltd. a classic example of a stock being undervalued by an unforgiving market.
“It’s a terrific brand,” Sandler said in an interview for “Wall Street Week,” which will air Sunday. “It’s still got a ton of international growth potential.”