Michael Kors Revenue, Profits - KORS Annual Income Statement

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$66.63 $0.64 (0.95%) KORS stock closing price Jun 22, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Michael Kors stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the KORS income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue decline of -4.63% when compared to the same period in the past. The Michael Kors profit and loss statement for 2017 shows a net profit of $552.5M. Profits for last year was $839.1M. Apart from this an investor should also check Michael Kors assets and Michael Kors free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Apr - Mar201720162015201420132012201120102009
Michael Kors Revenues or Net Sales
4.49B4.71B4.37B3.31B2.18B1.3B803.33M508.09M397.07M
Cost Of Goods Sold (COGS)1.83B1.91B1.72B1.29B875.16M549.15M357.27M241.36M208.28M
Michael Kors Gross Profit
2.66B2.8B2.65B2.02B1.31B753.09M446.06M266.73M188.79M
Research & Development Expense---------
Selling General & Admin Expense1.75B1.44B1.25B928.24M622.26M467.86M283.65M191.71M150.53M
Income Before Depreciation Depletion Amortization909.7M1.36B1.4B1.09B684.3M285.23M162.4M75.01M38.25M
Depreciation Depletion Amortization219.8M183.2M138.42M79.65M54.29M37.55M25.54M18.84M14.02M
Non Operating Income2.8M-1.1M-0.93M-0.13M-1.36M2.62M-1.78M--0.39M
Interest Expense4.1M1.7M--1.52M1.49M1.86M2.05M1.6M
Michael Kors Pretax Income
688.6M1.17B1.26B1.01B627.12M248.81M133.21M54.94M22.24M
Provision for Income Taxes137.1M334.6M374.8M346.16M229.52M101.45M60.71M15.69M9.2M
MinorityInterest-1M-1.4M-------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations551.5M837.7M881.02M661.48M397.6M147.36M72.5M39.24M13.03M
Extraordinary Items & Discontinued Operations---------
Michael Kors Profit/ Loss (Net Income)
552.5M839.1M881.02M661.48M397.6M147.36M72.5M39.24M13.03M
Average Shares used to compute Diluted EPS168.12M189.05M205.87M205.64M201.54M189.3M179.18M179.18M-
Average Shares used to compute Basic EPS165.99M186.29M202.68M202.58M196.62M158.26M140.55M140.55M-
Income Before Nonrecurring Items712.1M839.1M881.02M661.49M397.6M150.53M72.51M39.25M-
Income from Nonrecurring Items-159.6M-----3.17M---
Michael Kors Earnings Per Share Basic Net
3.334.504.353.272.020.800.400.22-
Michael Kors Earnings Per Share Diluted Net
3.294.444.283.221.970.780.400.22-
EPS Diluted Before Nonrecurring Items4.244.444.283.221.970.800.400.22-
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Michael Kors stock analysis are:

  • Topline: A growing topline, as seen from the Michael Kors revenue chart, as isn't the case with Michael Kors indicates a sagging business. One needs to compare the YoY topline or sales growth of KORS stock with its peers like RL stock and UAA stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. KORS stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The KORS financials along with Michael Kors historical stock prices provide a lot of details about the firm.

Michael Kors Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
17.4
PS Ratio (price sales ratio)
2.13
Operating Margin
7.4
Net Profit Margin
3.7
Dividend Yield
0%