Michael Kors neck dress
Uncategorized / August 8, 2017

Although KORS reported revenue that was slightly better than the guidance it provided last quarter, investors should still view the top line as negative because there was no improvement in the issues responsible for decaying retail same store sales (SSS). SSS declined 5.4% in 2FQ17.Michael Kors neck dress SSS has declined in six of the past seven quarters, and the lone quarter of growth was less than one percent. During that time period KORS increased its store count by 43% after deducting the stores added by its acquisition in Asia. I’m not a retail expert, but a consistent downward trend in SSS suggests it is not necessary to spend money building more stores. The chart below illustrates how KORS generated robust SSS until management accelerated store growth. Looking for investment opportunities in the fashion industry can be perilous due to the fickle nature of tastes and trends. In order to avoid damaging losses investors must purchase shares of established brands that sport an appealing risk reward ratio.Michael Kors neck dress To evaluate these criteria investors must research recent quarterly reports of the target company and its competitors. Kate Spade is a household name that sports an appealing risk/reward ratio when…