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Michael Kors Holdings

(

KORS

) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 1.5%. By the end of trading, Michael Kors Holdings fell $1.40 (-1.5%) to $92.04 on light volume. Throughout the day, 2,538,777 shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3,431,100 shares. The stock ranged in price between $91.90-$94.28 after having opened the day at $93.69 as compared to the previous trading day's close of $93.44. Other companies within the Specialty Retail industry that declined today were:

Francescas Holdings

(

FRAN

), down 17.5%,

Vitacost.com

(

VITC

), down 8.6%,

DGSE Companies

(

DGSE

), down 6.5% and

Big 5 Sporting Goods Corporation

(

BGFV

), down 5.0%.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $19.2 billion and is part of the services sector. Shares are up 15.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Michael Kors Holdings

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front,

CST Brands

(

CST

), up 3.7%,

Outerwall

(

OUTR

), up 1.9%,

Luxottica Group

(

LUX

), up 1.7% and

Sport Chalet

(

SPCHA

), up 1.6% , were all gainers within the specialty retail industry with

Five Below

(

FIVE

) being today's featured specialty retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider

SPDR S&P Retail ETF

(

XRT

) while those bearish on the specialty retail industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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