Michael Kors Holdings Limited is a global lifestyle brand . The Company designs, materials and craftsmanship with a jet-set aesthetic that combines stylish elegance and a sporty attitude. The Company is an American sportswear house to a global accessories, footwear and apparel company with a presence in over 85 countries.

Type
Public
HQ
New York, US
Founded
1981
Size (employees)
13,702 (est)+8%
Michael Kors was founded in 1981 and is headquartered in New York, US
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Key People/Management at Michael Kors

Krista McDonough

Krista McDonough

Senior Vice President, General Counsel
Michael Kors

Michael Kors

Honorary Chairman, Chief Creative Officer and Director
John Idol

John Idol

Chairman, Chief Executive Officer and Director
Joseph Parsons

Joseph Parsons

Executive Vice President, Chief Financial Officer, Chief Operating Officer and Treasurer
Cathy Marie Robinson

Cathy Marie Robinson

Senior Vice President of Corporate Strategy and Chief Operations Officer
Pascale Meyran

Pascale Meyran

Senior Vice President, Chief Human Resources Officer
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Michael Kors Office Locations

Michael Kors has an office in New York
New York, US (HQ)
11 W 42nd St
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Michael Kors Financials and Metrics

Michael Kors Revenue

Michael Kors's revenue was reported to be $4.49 b in FY, 2017 which is a 4.6% decrease from the previous period.
USD

Revenue (FY, 2017)

4.5 b

Revenue growth (FY, 2016 - FY, 2017), %

(4.6%)

Gross profit (FY, 2017)

2.7 b

Gross profit margin (FY, 2017), %

59.2%

Net income (FY, 2017)

551.5 m

EBIT (FY, 2017)

689.9 m

Market capitalization (16-Aug-2018)

10.7 b

Closing stock price (16-Aug-2018)

71.9
Michael Kors's current market capitalization is $10.7 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.3 b3.3 b4.4 b4.7 b4.5 b

Revenue growth, %

0%32%8%(5%)

Cost of goods sold

1.3 b1.7 b1.9 b1.8 b

Gross profit

2 b2.6 b2.8 b2.7 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Revenue

740.3 m1 b919.2 m1.1 b1.3 b986 m1.1 b1.4 b1.1 b987.9 m1.4 b952.4 m

Cost of goods sold

290.4 m392.7 m347.5 m411.6 m514.6 m382.3 m465.6 m565.5 m443.5 m396.6 m547.1 m377.7 m

Gross profit

449.9 m619.5 m571.6 m645 m800.1 m603.6 m664.4 m832 m644.7 m591.3 m805.7 m574.7 m

Gross profit Margin, %

61%61%62%61%61%61%59%60%59%60%60%60%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017FY, 2018

Cash

5.7 m21.1 m113.6 m487.3 m971.2 m978.9 m702 m227.7 m

Accounts Receivable

Inventories

426.9 m519.9 m546.8 m549.3 m

Current Assets

1.8 b2 b1.7 b1.2 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017Q1, 2019

Cash

618.8 m828.3 m1.1 b1 b949.8 m808.5 m431.5 m696.8 m186.4 m337.1 m368.8 m273.7 m

Inventories

404.2 m431.6 m527.3 m619.3 m537.5 m606.5 m713.7 m588.3 m695.7 m606.9 m586.2 m616.1 m697 m

Current Assets

1.3 b1.6 b2 b2.1 b2 b1.8 b1.6 b1.7 b1.3 b1.3 b1.4 b1.2 b

PP&E

284.6 m321.5 m404 m453.8 m532.3 m624.2 m672.4 m739.9 m801 m798.7 m771 m585.5 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

661.5 m881 m837.7 m551.5 m

Depreciation and Amortization

79.7 m138.4 m183.2 m219.8 m

Inventories

(160 m)(110 m)(16 m)20.6 m46 m

Accounts Payable

49 m5.8 m14.2 m37.5 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Net Income

270.8 m500.4 m187.7 m394.7 m698.4 m174.4 m367.5 m661.4 m307 m146.3 m578.3 m125.5 m

Depreciation and Amortization

34 m55.7 m29 m63.1 m100.6 m41.6 m87.7 m132.7 m106.8 m50.4 m162.5 m47.6 m

Inventories

(135.4 m)(162.2 m)(100 m)(201 m)(125.3 m)(80.6 m)(180 m)(65.6 m)(120.2 m)(32.4 m)(20.2 m)(55.6 m)

Accounts Payable

36.1 m62 m8 m48.2 m46.5 m29.2 m58.7 m47.2 m38.3 m25.6 m74.4 m(23.7 m)
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Michael Kors Operating Metrics

Michael Kors's Stores was reported to be 668 in FY, 2016.
FY, 2013FY, 2014FY, 2015FY, 2016

Stores

304 405 526 668
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Michael Kors Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Jimmy Choo July 25, 2017£896 m

Michael Kors Revenue Breakdown

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Michael Kors revenue breakdown by business segment: 96.3% from Net sales and 3.7% from Other

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Michael Kors Online and Social Media Presence

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Michael Kors News and Updates

UPDATE 4-Jimmy Choo helps Michael Kors strut past estimates, raise forecast

Fashion house Michael Kors Holdings Ltd's efforts to revamp stores as well as its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street's quarterly profit estimates on Wednesday and raised its full-year earnings forecast.

UPDATE 3-Jimmy Choo shoes help Michael Kors strut past estimates, raise forecast

Fashion house Michael Kors Holdings Ltd's efforts to revamp its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street's quarterly profit estimates on Wednesday and raised its full-year earnings forecast.

UPDATE 2-Jimmy Choo shoes help Michael Kors beat estimates, raise forecast

Fashion house Michael Kors Holdings Ltd's efforts to revamp its high-end shoe brand Jimmy Choo paid off as the company topped Wall Street's quarterly profit estimates on Wednesday and raised its full-year earnings forecast.

CORRECTED-UPDATE 1-Jimmy Choo sales help Michael Kors beat estimates, raise forecast

Fashion house Michael Kors Holdings Ltd topped Wall Street forecasts for first-quarter profit and revenue on Wednesday and raised its full-year earnings forecast, benefiting from strong demand for Jimmy Choo shoes.

Shares in Michael Kors look set to surge after results beat, outlook is lifted

Shares in Michael Kors look set to surge after results beat, outlook is lifted

Michael Kors quarterly revenue beat estimates

Michael Kors Holdings Ltd topped Wall Street forecasts for first-quarter revenue on Wednesday, benefiting from strong demand for Jimmy Choo shoes.
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Michael Kors Company Life and Culture

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