Bank of America Investment Banking Pitch Book
Past Three Years
$18.00
$15.00-
$12.00-
$9.00-
$6.00-
08/06/09
KCP reported Q2 2009
$3.00 earnings of ($0 18) per.
share, above previous
guidance of ($0.25) -
(50.30) per share
$0.00+
06/04/09
02/12/10
KCP revised Q4
2009 earnings
estimates to $0.21
per share, up from
previous guidance of
$0.04-$0.08 per
share
01/08/10
Appendix
Kenneth Cole Productions Historical Share Price Performance
Source: FactSet
Note: Prices reflect closing share price for the respective day
09/17/10
Bloomberg
reported that KCP
was in talks with
Iconix about a
potential sale of
KCP
08/16/10
Since
1-Month
YTD
02/23/11
00/04/11
06/04/10
05/04/09
10/25/10
New York Times
reported that talks
between Kenneth
Cole and Iconix
had stalled and
were unlikely to
resume soon
KCP Share Price Performance
Through 06/04/12
High Average Low
$15.10 $14.92 $14.40
14.52
12.81
12.73
16.35
11.00
10.15
10.15
13.00 10.15
12.07
6.53
11
10.35
16.09
10.89
02/28/11
KCP reported Q4 2010
earnings below Wall
Street estimates, and
announced that CEO
Jill Granoff had
resigned
06/09/11
KCP announced that
Paul Blum would join
the Company as Chief
Executive Officer
Through 02/23/12
High Average Low
$13.07 $12.68 $12.10
13.07 12.30 11.09
13.90
12.02
10.15
13.58
11.01
10.15
12.57
10.15
16.09
16.89
6.53
03/23/11
en
02/24/12
Kenneth Cole offered
to acquire all
outstanding shares of
the Company's Class
A common stock that
he did not already
own for $15.00 per
share in cash
10/28/11
KCP Closing
Share Price
(06/04/12)
$14.64
05/03/2012
KCP reported Q1
2012 earnings below
Wall Street estimates,
and reported
consumer direct
comparable store
sales decline of 2.0%,
representing the fifth
straight quarter of
comparable store
sales declines
06/04/12
Bank of America
Merrill LynchView entire presentation