Kate Spade Inverse Growth Performance Increased By 19%
When many garment enterprises are frustrated, the United States
brand
Kate Spade showed an inverse growth state, and the same store sales increased by 19% in the first quarter.
Us shoe maker Kate Spade & Co. increased demand in North America in the first quarter, exceeding analysts' expectations.
The group focuses on its high-end luxury brand Kate Spade New York, investing in its business and developing furniture and children's clothing, and has become a lifestyle brand.
Kate Spade & Co. recorded 19% in the first quarter.
Same store
Sales growth (including electricity supplier business) has increased by five in the past quarter, and surpassed 13.1% growth expected by the market.
In the first quarter of April 2nd, North America accounted for 80% of total sales, an increase of 7.5% to $274 million 400 thousand.
Sales in North America rose to 17% in the first quarter of 14.9%, and net sales amounted to $219 million.
14.9% of the previous quarter.
The group's net profit was 11 million 600 thousand dollars, or 9 cents per share.
Synchronization
A loss of 55 million 200 thousand dollars, or 43 cents per share.
The company turned a profit into a deficit.
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