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Capri Holdings (CPRI) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.02 per share a year ago.
Capri Holdings' (CPRI) Q4 results might have been hurt by softness in China, rising operating expenses and foreign exchange headwinds. Strength in retail and e-commerce businesses might have been a tailwind.
Capri Holdings is a luxury fashion company comprising three brands; Versace, Jimmy Choo, and Michael Kors. CPRI capitalizes on the strength of its brands to drive its performance and achieve its set targets.
Capri Holdings Limited Announces Reporting Date For Fourth Quarter and Fiscal 2023 Financial Results
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its fourth quarter and fiscal year 2023 financial results on Wednesday, May 31, 2023, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET. Those who wish to participate in the call may do so by dialing (877) 704-4453 or (201) 389-0920 for international callers, conference ID 13736113. A live webcast of the.
Once Micheal Kors, Capri is up to its old tricks
London-based luxury fashion brand retailer Capri Holdings Limited (NASDAQ: CPRI) stock plunged 20% on its fiscal Q3 2023 earnings release. Sales for ultra-premium brands like Versace and Michael Choo were hit less than lower premium brand Michael Kors.
Yahoo Finance anchors Seana Smith, Josh Schafer, and Dave Briggs discuss Capri stock.
Capri Holdings Limited (NYSE:CPRI ) Q3 2023 Results Conference Call February 8, 2023 8:30 AM ET Company Participants Jennifer Davis - Vice President of Investor Relations John Idol - Chairman and Chief Executive Officer Tom Edwards - Chief Financial and Chief Operating Officer Conference Call Participants Matthew Boss - JPMorgan Warren Cheng - Evercore ISI Ike Boruchow - Wells Fargo Alex Straton - Morgan Stanley Brooke Roach - Goldman Sachs Paul Lejuez - Citigroup Simeon Siegel - BMO Capital Markets Operator Greetings. Welcome to Capri Holdings Limited Third Quarter 2023 Earnings Conference Call.
Retail staple and Michael Kors owner Capri Holdings Ltd (NYSE:CPRI) missed fiscal third-quarter top- and bottom-line expectations, sending the shares 26.7% lower this afternoon to trade at $48.59, on track for its worst single-session loss since March 2020.
Capri Holdings' (CPRI) third-quarter results reflect revenue declines across all three brands. The company trims the fiscal 2023 sales and earnings view.