Recap: Capri Holdings Q4 Earnings

Shares of Capri Holdings CPRI rose 1.4% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 82.54% over the past year to $0.11, which missed the estimate of $0.14.

Revenue of $1,192,000,000 declined by 11.31% year over year, which beat the estimate of $1,120,000,000.

Guidance

Capri Holdings hasn't issued any earnings guidance for the time being.

Details Of The Call

Date: Jul 01, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Fwww.capriholdings.com%2Fevents-presentations%2Fdefault.aspx&eventid=2156776&sessionid=1&key=C2F2D537C9A4B552C0A859839AFDA069&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $39.90

52-week low: $5.42

Price action over last quarter: down 50.10%

Company Overview

Michael Kors, Versace, and Jimmy Choo are the brands that comprise Capri Holdings. Capri markets, distributes, and retails upscale accessories and apparel. Michael Kors, Capri's largest and original brand, offers handbags, footwear, and apparel through more than 850 company-owned stores, third-party retailers, and e-commerce. Milan-based Versace (acquired in 2018) is known for its ready-to-wear luxury fashion. Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since he was part of a group that acquired Michael Kors in 2003.