Capri Holdings Limited reported a 16.4% decrease in revenue to $1.08 billion for the second quarter of fiscal 2025. Adjusted earnings per share were $0.65. The company's performance was impacted by softening demand globally for fashion luxury goods.
Revenue decreased by 16.4% on a reported and constant currency basis.
Adjusted operating margin was 3.0%.
Adjusted earnings per share reached $0.65.
10.9 million new consumers were added across databases, representing 13% growth versus last year.
Given the proposed merger transaction with Tapestry, Inc. and the pending appeal of the District Court's decision to grant the FTC's motion for a preliminary injunction, the Company is not providing financial guidance or hosting a conference call.
Visualization of income flow from segment revenue to net income