Day: August 12, 2014

Kate Spade’s (KATE) stock closed down hard after rising 10% this morning on a strong earnings report.  What changed in a few short hours? The press release revealed healthy 49% Y/Y sales growth and a 5 cent EPS when the market was expecting slower growth and only breakeven results.  But when Craig Leavitt (Co-Pres and COO)… Read more