Capri Holdings Limited reported a decrease in revenue by 8.4% to $1.223 billion in Q4 2024, impacted by softening global demand for luxury goods. The company's adjusted earnings per share (EPS) was $0.42. Despite the revenue decline, the company added 11.6 million new consumers to its databases, reflecting a 14% growth year-over-year.
Revenue decreased by 8.4% year-over-year, totaling $1.223 billion.
Adjusted operating margin was 6.4%.
Adjusted earnings per share (EPS) reached $0.42.
11.6 million new consumers were added across brand databases, a 14% increase year-over-year.
Capri Holdings does not intend to provide financial guidance due to the pending merger transaction with Tapestry, Inc.
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