Michael Kors: Kick ‘Em While They’re Down?
May 27, 2015 at 13:45 PM EDT
You’re not supposed to kick someone when they’re down–and most analysts seem to be taking that tact today with Michael Kors (KORS). Bloomberg News Shares of Michael Kors have lost nearly a quarter of their value today after the high-end handbag merchant missed earnings forecasts, offered dismal full-year guidance, and said comparable-store sales fell when [...]