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[Ecotect] cheap ugg 5854 online Why Kate Spade KATE Stock Is Tumbling After This Morning's

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[Ecotect] cheap ugg 5854 online Why Kate Spade KATE Stock Is Tumbling After This Morning's

ssl0*** 发表于 2014-11-20 21:54:33 浏览:  2934 回复:  0 [显示全部楼层] 回帖奖励 |倒序浏览 |阅读模式
Why Kate Spade KATE Stock Is Tumbling After This Morning's Gain,cheap ugg 5854 online
NEW YORK (TheStreet)   Shares of Kate Spade Co.
(KATE) are dropping by  23.49% to $29.74 on heavy volume in early afternoon trading on Tuesday, reversing the stock's pre market gain, due to the company's concerns that its growth is slowing down, Bloomberg Businessweek reports.
The women's handbag and accessories retailer saw a spike in its stock this morning after reporting a narrow net loss of  $4.04 million,ugg classic short sand, or  3 cents for the 2014 second quarter,ugg genuine boots for sale, compared to a loss of  $43.14 million, or  36 cents per share for the 2013 second quarter.
Kate Spade revenue rose to $266 million from $179 million a year ago.
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Additionally, the company said in a conference call that it may postpone its profit margin goals for 2016 until 2017, due to the fact that its Saturday brand is taking longer than expected to ramp up,genuine ugg boots cheap, Businessweek noted.
Separately, TheStreet Ratings team rates KATE SPADE CO as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate KATE SPADE CO (KATE) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk,cheap australia ugg boots, premium valuation and weak operating cash flow."
KATE data byEXCLUSIVE OFFER: See inside Jim Cramer's multi million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners.
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