Michael Kors Holdings (KORS) reported fourth quarter net income of $0.22 per share Tuesday morning, up from $0.10 per share in the previous year. The consensus estimate was for EPS of $0.16. The company expects to report first quarter EPS of $0.18 to $0.20 and between $1.08 and $1.12 for the full year. The consensus estimates are for EPS of $0.17 and $0.98.
Michael Kors Holdings has gapped open sharply higher Tuesday and is now up 3.63 at $41.81 on above average volume. The stock has risen to a 2-week high and is now challenging its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.