Shares of the luxury retailer haven't been this low since 2012. Kors Guy Image: Michael Kors.a>p> In the fashion world, the new hot item one moment can be completely out of style the next. Sometimes, stocks behave similarly, and for luxury retailer Michael Kors Holdings (NYSE:KORS), the past few quarters have been a nightmare of epic proportion. Coming into Thursday's fiscal first-quarter financial report, Michael Kors has seen its stock price plunge by more than half in just over a year, and investors wondered whether the retailer would ever recover from its fall from grace. Let's take a closer look at what Michael Kors is likely to tell us in its earnings report and whether a rebound is likely for the stock in the near future. Stats on Michael Kors Holdings Analyst EPS Estimate $0.76 Change From Year-Ago EPS (16.5%) Revenue Estimate $944.3 million Change From Year-Ago Revenue 2.7% Earnings Beats in Past 4 Quarters 3 Will Michael Kors earnings get back on track? Investors are feeling gun-shy about Kors earnings, given the fact that the company failed to exceed expectations last quarter for the first time in a long while. Over the past few months, investors have slashed their fiscal first-quarter earnings projections by more than a quarter per share, and they've made even more dramatic reductions to their view for the 2016 and 2017 fiscal years. Meanwhile, the stock has kept falling, with declines of more than 37% since late April. For Michael Kors, the retailer's fiscal fourth-quarter results in May showed just how unforgiving longtime investors have been about its slowing growth. Revenue for the quarter climbed 18%, and net income growth of 13% was also within the range of results that many retailers would... More