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As a percent of total revenue, $KORS' total OpEx increased 250 BP to 34.6%. This was below the 440-490 BP of deleverage in the guidance as sales exceeded the company's expectations, and depreciation expense and SG&A were somewhat lower than anticipated. SG&A expenses increased 13% to $345.2MM.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.