Michael Kors, Rackspace, Fossil, TAL Among Stock Percentage Winners for Feb 14th
Michael Kors Holdings Ltd (NYSE:KORS): Expects to open 30-40 retail stores annually, and believes it can ultimately reach 400 locations in this region. Says continues to perform “very well” in Europe, despite difficult economic environment and ultimately sees 100 retail stores in the region. Says can ultimately reach 100 stores in Japan. The shares closed at $42.85, up $9.24, or 27.49%. They have traded in a 52-week range of $23.51 to $34.87.
Rackspace Hosting, Inc. (NYSE:RAX): Cowen said Rackspace delivered solid Q4 results but is becoming concerned about its already extended valuation. The firm cited management’s guidance on expectations for reduced gross margins and for server adds to revert back to normal levels. Shares are Outperform rated. The shares closed at $55.45, up $6.22, or 12.63%. They have traded in a 52-week range of $30.34 to $50.38.
Fossil, Inc. (NASDAQ:FOSL): Reports revenue $830.8M vs. consensus $841.12M. The shares closed at $119.82, up $15.32, or 14.66%. They have traded in a 52-week range of $69.57 to $134.98.
TAL International Group, Inc. (NYSE:TAL): The dividend is payable on March 29 to shareholders of record at the close of business on March 8.
The shares closed at $38.30, up $3.48, or 9.99%. They have traded in a 52-week range of $22.35 to $38.45.
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