Second quarter of the fiscal year of Michael Kors

The total income from the United States was $751 million 900 thousand, an increase of 0.9% over the same period, and a 0.6% increase in a constant currency meter. Income from Europe was $270 million 700 thousand, an increase of 9.2% over the same period, and a 4.6% increase in a constant currency meter. Income from Asia was $124 million, an increase of 30.4% over the same period, and a 33.5% increase in a constant currency meter.

The gross profit was $690 million 800 thousand, an increase of 7.2% over the same period. The gross profit rate was 60.2% and the exchange rate was affected by 20 basis points, and the gross interest rate was 59.2% in the same period last year.

Operating profits were $199 million 100 thousand, compared with $203 million 700 thousand in the same period last year. Operating profit margin was 17.4%, 18.7% in the same period last year. If we deduct the transaction cost of 38 million 300 thousand US dollars, which is related to the acquisition of Jimmy Choo, retail store structure change and non cash impairment loss, the operating profit is US $237 million 400 thousand and the operating profit rate is 20.7%, which was 208 million 600 thousand US dollars and 19.2% last year.

The net profit attributable to the company was $202 million 900 thousand, and the EPS was $1.32 after the dilution, which was $160 million 900 thousand and $0.95 in the same period last year. If the deduction of $1 million 600 thousand, associated with the acquisition of Jimmy Choo transaction cost plus and unrealized gains, retail restructuring and non cash impairment loss, net profit attributable to the company for $204 million 500 thousand, diluted EPS of $1.33, more than the company had expected $0.80-0.84. The return to mother net profit in the same period last year was $164 million 100 thousand, and the EPS was $0.97 after the dilution.