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News

Analyst Comments on Michael Kors: What It Means for Mutual Fund Investors (KORS)

Shauna O'Brien Jan 08, 2015



Inside the Analyst’s Comments


According to Konik: Following a highly competitive Holiday season, our online channel checks show promotional levels at Michael Kors are in check, further reinforced by mgmt’s comments that YTD promo levels were rational during our meeting in mid-Dec. We think concerns here are overblown and would be buyers, especially with KORS shares trading at an all-time low valuation. KORS remains the most compelling name in the handbag space, in our view."


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