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Earnings More Than Double For Michael Kors
Posted on June 12, 2012 at 18:33 PM EDT
Michael Kors Holdings Ltd. (NYSE: KORS) reported sharply higher fourth quarter earnings that more than doubled to 22 cents per share from 10 cents per share in the year ago period to beat analyst expectations. The designer of luxury goods forecast full year results ahead of estimates sending the stock price soaring $2.92 to close at $41.10. Related Stocks:
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