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Kate Spade (Kate Spade) Net Income : $143 Mil (TTM As of Mar. 2017)


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What is Kate Spade Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Kate Spade's Net Income for the three months ended in Mar. 2017 was $1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2017 was $143 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Kate Spade's Earnings per Share (Diluted) for the three months ended in Mar. 2017 was $0.01.


Kate Spade Net Income Historical Data

The historical data trend for Kate Spade's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kate Spade Net Income Chart

Kate Spade Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.51 73.00 159.16 17.09 153.58

Kate Spade Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.64 26.77 29.63 85.55 1.36

Kate Spade Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Kate Spade's Net Income for the fiscal year that ended in Dec. 2016 is calculated as

Net Income(A: Dec. 2016 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=155.629+-4.071+2.024+0
=154

Kate Spade's Net Income for the quarter that ended in Mar. 2017 is calculated as

Net Income(Q: Mar. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.944+-1.75+0.165+0
=1

Net Income for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $143 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kate Spade  (NYSE:KATE) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Kate Spade's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2017 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Kate Spade Net Income Related Terms

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Kate Spade (Kate Spade) Business Description

Traded in Other Exchanges
N/A
Address
Kate Spade sells fashion products, including apparel, accessories, fragrances, and home products, under two primary brands. The Kate Spade New York brand offers products for women, children, and the home. The Jack Spade brand offers clothing and accessories for men. Kate Spade sells direct-to-consumer through its websites and company retail store, and it sells wholesale to department stores and specialty retail stores. The vast majority of the company's sales come from its North America segment. Its much smaller international segment is comprised of markets in Asia, Europe, and Latin America. Kate Spade sources most of its products from contract manufacturers in Asia.
Executives
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Timothy F Michno officer: SVP, Gen. Counsel & Secretary
George Carrara officer: President & COO C/O LIZ CLAIBORNE, INC., 1441 BROADWAY, NEW YORK NY 10018
Craig Leavitt director, officer: CEO 2 PARK AVENUE, NEW YORK NY 10016
Kenneth B Gilman director C/O ASBURY AUTOMOTIVE GROUP, 3 LANDMARK SQUARE STE 500, STAMFORD CT 06901
Nancy J Karch director 162 HORIZON LANE, BEDFORD NY 10506
Doreen A Toben director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Marissa Andrada officer: SVP, Human Resources C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Michael D Rinaldo officer: VP, Corp. Controller & CAO C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022
Bernard W Aronson director
Arthur C Martinez director SEARS ROEBUCK & CO, SEARS TOWER, PO BOX 081079, CHICAGO IL 60808-1079
Nicholas Rubino officer: SVP, Chief Legal Officer 1441 BROADWAY, NEW YORK NY 10018
William L Mccomb director, officer: Chief Executive Officer LIZ CLAIBORNE INC, 1441 BROADWAY, NEW YORK NY 10018
Andrew Warren officer: Chief Financial Officer 1441 BROADWAY, NEW YORK NY 10018
Peter R. Warner officer: SVP Global Sourcing/Operations 1441 BROADWAY, NEW YORK NY 10018

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