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$KORS 1Q16 Call: Opened 24 new stores in 1Q16, 11 in North America, 10 in Europe and 3 in Japan. Expanded or relocated 11 stores. Ended the quarter with 550 company-owned retail stores, including concessions, and 774 stores overall, including license locations.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.