Michael Kors Holdings Ltd. (NYSE: KORS) reported fourth-quarter and full-year fiscal 2014 results before markets opened Wednesday. The luxury lifestyle brand reported diluted earnings per share (EPS) for the quarter of $0.78 and $917.5 million in revenues. In the same period a year ago, the company reported EPS of $0.50 on revenue of $597.2 million. Fourth-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.68 and $816.15 million in revenue.

For the full year, Kors posted diluted EPS of $3.22 on revenues of $3.3 billion, compared with fiscal year 2013 EPS of $1.97 on revenues of $2.2 billion.

Global same-store sales for the quarter rose 26.2% year-over-year, and the company says it has opened 101 new stores since the end of the fourth quarter of 2012. Same-store sales for the full year also rose 26.2%

Michael Kors CEO said:

We continued to see strength across the business in the fourth quarter, with significant revenue growth in each of our retail, wholesale and licensing segments as well as in both our North American and international markets. Revenue in North America grew 43% and comparable store sales increased 20.6%, with performance driven primarily by accessories and watch offerings. … Looking ahead, we remain poised to capitalize on Michael Kors’ distinct position within the global luxury market as we continue to execute our long term growth strategies.

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The company guided first fiscal quarter 2015 revenue to $840 million to $850 million, assuming an increase in same-store sales of around 20%. EPS is forecast at $0.78 to $0.80 for the quarter. The consensus estimates from Thomson Reuters call for first-quarter EPS of $0.79 on revenues of $826.05 million.

For the 2015 fiscal year, Kors estimates revenues of $4.0 billion to $4.1 billion and assumes a same-store sales increase in the high teens. EPS is forecast at $3.85 to $3.91. The consensus estimates call for full-year EPS of $3.85 on revenues of $4.06 billion.

Kors continues to hammer expectations as the company expands globally. European revenue grew 125% year-over-year and same-store sales were up nearly 63%. These are nosebleed levels, and the company’s CEO said the firm is going to “continue to execute our long term growth strategies.” That is good news for investors.

Shares were up about 3.2% in premarket trading to $99.00, in a 52-week range of $56.15 to $101.04. Thomson Reuters had a consensus analyst price target of around $107.00 before the results were announced.

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