Kors Stumbles on Wall Street Runway - Presented by: The Aol. On Network

Michael Kors latest earnings report got panned by investors. The high profile designer's company suddenly finding itself out of fashion on Wall Street. Kors stock was the biggest decliner in the S&P 500. Shares had risen 19 percent in the past year. Kors did report higher than expected earnings, and raised its outlook for earnings and revenues. But investors focused on margins and discounting- Piper Jaffray's Erinn Murphy:



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