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Jul 01, 2023
Capri Q1 2024 Earnings Report
Capri Holdings' first quarter performance was slightly ahead of expectations amidst planned acquisition by Tapestry, Inc.
Key Takeaways
Capri Holdings Limited reported a revenue decrease of 9.6% and adjusted earnings per share of $0.74 for the first quarter of fiscal year 2024. The company announced a planned acquisition by Tapestry, Inc., marking a significant milestone.
Revenue decreased by 9.6% on a reported basis and 9.3% in constant currency.
Adjusted operating margin was 9.0%.
Adjusted earnings per share reached $0.74.
Capri Holdings announced planned acquisition by Tapestry, Inc.
Capri
Capri
Capri Revenue by Segment
Capri Revenue by Geographic Location
Revenue by Segment
Michael Kors Revenue
CapyFin.comJimmy Choo Revenue
CapyFin.comRevenue by Geographic Location
EMEA Revenue
CapyFin.comAsia Revenue
CapyFin.com Forward Guidance
Given the planned acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance at this time and has withdrawn its previously issued guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income