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Kate Spade Inverse Growth Performance Increased By 19%

2016/5/7 13:45:00 37

Kate SpadePerformanceGrowth

When many garment enterprises are frustrated, the United States

brand

Kate Spade showed an inverse growth state, and the same store sales increased by 19% in the first quarter.

Us shoe maker Kate Spade & Co. increased demand in North America in the first quarter, exceeding analysts' expectations.

The group focuses on its high-end luxury brand Kate Spade New York, investing in its business and developing furniture and children's clothing, and has become a lifestyle brand.

Kate Spade & Co. recorded 19% in the first quarter.

Same store

Sales growth (including electricity supplier business) has increased by five in the past quarter, and surpassed 13.1% growth expected by the market.

In the first quarter of April 2nd, North America accounted for 80% of total sales, an increase of 7.5% to $274 million 400 thousand.

Sales in North America rose to 17% in the first quarter of 14.9%, and net sales amounted to $219 million.

14.9% of the previous quarter.

The group's net profit was 11 million 600 thousand dollars, or 9 cents per share.

Synchronization

A loss of 55 million 200 thousand dollars, or 43 cents per share.

The company turned a profit into a deficit.


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