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Apr 01, 2023
Capri Q4 2023 Earnings Report
Capri's revenue decreased by 10.5% and adjusted EPS was $0.97.
Key Takeaways
Capri Holdings Limited reported a decrease in revenue of 10.5% to $1.335 billion. Adjusted earnings per share were $0.97. The company achieved record revenue at Versace and Jimmy Choo for the full fiscal year.
Revenue decreased 10.5% on a reported basis and 3.0% on a 52-week constant currency basis
Adjusted gross margin expanded 90 basis points versus prior year
Adjusted operating margin of 9.1%
Adjusted earnings per share of $0.97
Capri
Capri
Forward Guidance
The Company expects total revenue of approximately $1.2 billion and diluted earnings per share of approximately $0.70 for the first quarter of fiscal year 2024.