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Michael Kors’ Owner Beat Wall St. Estimates. Here’s What Happened in Q3.

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Michael Kors’ parent company easily beat Wall Street’s third quarter’s expectations, thanks to double-digit growth in Mainland China and e-commerce sales that jumped 65 percent, but the coronavirus pandemic will challenge the next six months. In a Nutshell: For the most part, it was a good quarter for Capri Holdings, representing its second consecutive quarter…

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