KORS management raised fiscal 2015 guidance to the range of $4.25 to $4.35 billion in revenues as compared to earlier estimates of $4.0 to $4.1 billion. KORS also raised their earnings estimates to the range of $4.00 to $4.05 from earlier estimates of $3.85 $3.91 per share. KORS shares dropped almost 6 percent the day of the earnings announcement.
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