Summary

Michael Kors has recently seen a revival in earnings growth.

While trade tensions between the United States and China could affect business, I do not see this as a particularly major risk.

Michael Kors could have further upside from here.

I last wrote about Michael Kors (NYSE:KORS) back in January and argued that the company is not particularly favorable from an investing standpoint. My three primary reasons for arguing this included:

• Fall in wholesale net sales across the company's three key regions
• Significant decrease in EBIT margin relative to competitors
• The previous price rally was primarily driven by the Jimmy Choo (OTC:JYMHF) acquisition rather than organic growth