TwinsTalkStocks, 8 year old twin shoppers Ashay Jorel and Devin Kalel, go “shopping” for retail winners. Michael Kors ($KORS) delivered a great quarter due to holiday shopping and aggressive discounting.
On a down day for the market (the Dow was down 295 points), $KORS was up 23.91% and hit a 8 month high. Coach ($COH) has climbed up 23% the past 5 trading sessions to also hit a 8 month high.
Can Kate Spade ($KATE) continue the winning ways of the retail accessory leaders by beating estimates as well? $KATE reports earnings the 1st week of March.