In the following video, Motley Fool consumer goods analyst Blake Bos takes a look at Michael Kors' (KORS +0.23%) earnings report, which came out this morning. The company beat both in revenue and earnings per share by a wide margin, with comparable same-store sales up more than 40%; shares were up 10% on the news. Blake tells us how a lot of that growth came from the company's sales of leather goods and handbags, which should be worrying news for Coach (COH +0.26%).
Breaking Down Michael Kors Earnings: Watch Out, Coach
By Blake Bos – Feb 12, 2013 at 5:15PM
NYSE: CPRI
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Michael Kors delivers for investors on earnings.
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