Michael Kors Revenue Soars 43 Percent - Presented by: The Aol. On Network

Helped by higher sales of handbags and watches in North America, Michael Kors Holdings reported a 43 percent rise in quarterly revenue, sending its shares up 12 percent in premarket trading. The company's net income rose to $187.7 million, or 91 cents per share, in the first quarter ended June 28, from $124.9 million, or 61 cents per share, a year earlier. Revenue rose to $919.2 million.



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