Companies Release Financial Results and Announce Quarterly Earnings Schedules - Research Report on Michael Kors, Fossil Group, Coach, Nike, and Nordstrom

NEW YORK, August 9, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Michael Kors Holdings Limited (NYSE: KORS), Fossil Group, Inc. (NASDAQ: FOSL), Coach, Inc. (NYSE: COH), Nike Inc. (NYSE: NKE), and Nordstrom Inc. (NYSE: JWN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Michael Kors Holdings Limited Research Report

On August 6, 2013, Michael Kors Holdings Limited (Michael Kors) released its Q1 FY 2014 financial results (period ended June 29, 2013). The Company's net sales were up 55.1% YoY to $616.2 million, while total revenues (including licensing revenue) were up 54.5% YoY to $640.9 million. Net income was up 82.1% YoY to $125 million, while diluted EPS was up 79.4% YoY to $0.61. Commenting on the results, John D. Idol, Chairman and CEO of Michael Kors, said, "Our exceptional first quarter financial results demonstrate the sustained strong demand for the Michael Kors luxury brand. We attribute the ongoing momentum to our fashion design leadership combined with an aspirational jet-set luxury in-store experience. As we continue to successfully execute on our strategic initiatives, we remain excited about our future growth potential." In Q2 FY 2014, the Company expects total revenue to be between $695 million and $705 million and diluted EPS to range from $0.62 to $0.64. The Full Research Report on Michael Kors Holdings Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-06/KORS]

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Fossil Group, Inc. Research Report

On August 6, 2013, Fossil Group, Inc. (Fossil Group) released its Q2 FY 2013 financial results (period ended June 29, 2013). The Company's net sales were up 11.0% YoY to $706.2 million, while operating income was up 21.3% YoY to $106.9 million. Net income attributable to Fossil was up 18.2% YoY to $67.7 million, while diluted EPS was up 25.0% YoY to $1.15. Fossil Group expects its Q3 FY 2013 diluted EPS to be in the range of $1.30 to $1.37, including the $0.08 per diluted share impact of the shift of expenses from Q2 2013. In full-year FY 2013, diluted EPS is expected to be in the range of $6.15 to $6.35. The Full Research Report on Fossil Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-06/FOSL]

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Coach, Inc. Research Report

On July 30, 2013, Coach, Inc. (Coach) released its Q4 FY 2013 and full-year FY 2013 financial results (period ended June 29, 2013). The Company's net sales were up 5.8% YoY to $1.2 billion in Q4 FY 2013, and up 6.6% YoY to $5.1 billion in full-year FY 2013. Net income was down 12.0% YoY to $221.3 million in Q4 FY 2013, and down 0.4% YoY to $1.0 billion in full-year FY 2013. In Q4 FY 2013, diluted EPS was down 9.3% YoY to $0.78, while in full-year FY 2013, it was up 2.3% YoY to $3.61. The Full Research Report on Coach, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-06/COH]

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Nike Inc. Research Report

On June 27, 2013, Nike Inc. (Nike) released its Q4 FY 2013 and full-year FY 2013 financial results. Revenues from continuing operations were up 7.4% YoY to $6.7 billion in Q4 FY 2013 and up 8.5% YoY to $25.3 billion. Diluted EPS from continuing operations was up 26.7% YoY to $0.76 in Q4 FY 2013 and up 11.2% YoY to $2.69 in full-year FY 2013. Commenting on the results, Mark Parker, President and CEO of Nike, stated, "Fiscal 2013 was a great year for NIKE, driven by our innovative products and the power of our brands." Parker added, "And we're excited about what lies ahead. We have the best leadership team in the industry and a deep innovation pipeline. Both are aligned against our biggest opportunities to drive growth, manage risk and drive long-term shareholder value." The Full Research Report on Nike Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-06/NKE]

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Nordstrom Inc. Research Report

On August 1, 2013, Nordstrom Inc. (Nordstrom) announced that it will release its Q2 2013 financial results after the financial market closes on August 15, 2013. Nordstrom also reported that it will host a conference call on the same day at 4:45 p.m. EDT, to discuss its Q2 2013 financial results and its 2013 outlook. The Full Research Report on Nordstrom Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-06/JWN]

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SOURCE Investors' Reports