Shares of Michael Kors (KORS) rose 0.8% in Tuesday's trading session, after opening with gains of almost 5%. The designer, marketer and distributor of the revived Michael Kors luxury brand, reported its second quarter results for its fiscal 2013.
Second Quarter Results
Michael Kors reported second quarter revenues of $532.9 million, up 74% on the year before. Revenues exceeded analysts consensus of $524 million.
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