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Sep 30, 2023
Capri Q2 2024 Earnings Report
Second quarter results were impacted by macro-economic headwinds and Ecommerce implementation challenges.
Key Takeaways
Capri Holdings' second quarter results were below expectations due to macro-economic headwinds and Ecommerce implementation challenges. Total revenue decreased by 8.6% to $1.29 billion, and adjusted earnings per share were $1.13.
Revenue decreased 8.6% on a reported basis and 10.1% in constant currency.
Adjusted operating margin was 12.2%.
Adjusted earnings per share were $1.13.
11.4 million new consumers were added across databases, representing 15% growth over the last year.
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
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Revenue
CapyFin.com Forward Guidance
Given the proposed merger transaction of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income