Capri Q2 2021 Earnings Report
Key Takeaways
Capri Holdings Limited announced its financial results for the second quarter of fiscal 2021, with revenue and earnings surpassing expectations. Total revenue was $1.1 billion, a decrease of 23.0% compared to last year. Adjusted earnings per share were $0.90.
Revenue decline of 23.0%, a significant improvement from the first quarter
E-commerce sales improved sequentially, increasing approximately 60%
Positive sales in Mainland China across all luxury houses
Adjusted earnings per share of $0.90
Capri
Capri
Capri Revenue by Segment
Capri Revenue by Geographic Location
Forward Guidance
The company is not providing annual earnings guidance for fiscal year 2021 due to the lack of visibility surrounding the progression of the pandemic, macroeconomic fundamentals, and tourism flows.
Revenue & Expenses
Visualization of income flow from segment revenue to net income