By  on May 30, 2018

The sell-off of shares of Michael Kors Holdings Ltd. is an example of just how hard it is to please investors these days.

At the close of trading on Wednesday, shares of Michael Kors were down 11.5 percent to $60.40. That’s despite the fact that the company seemed to easily beat Wall Street’s consensus estimates for the fourth quarter. Earlier in the morning, before the equity markets opened, Kors posted earnings results that swung back to the black from a year-ago loss.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus