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
Link: http://money.cnn.com/video/investing/2015/05/27/michael-kors-buzz.cnnmoney/
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?
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