Description: The handbag wars are hurting Michael Kors. Same-store sales fell and the outlook is not good. Shares are languishing on Wall Street’s discount rack.
Source: CNNMoney.com – video report
Date: May 27, 2015
Questions for Discussions:
- Why has the stock performed poorly?
- What should management do to increase same-store sales?
- Do you think the stock will return to previous high levels?