Company Earnings Update 5 minutesRegister for Free AccessCapri Holdings (NYSE: CPRI) 4Q19 Results: Strong Revenue Growth Driven by Versace and Jimmy Choo Coresight Research May 31, 2019 Executive Summary Capri Holdings reported 4Q19 adjusted EPS of $0.63, slightly above the $0.61 consensus estimate. 4Q revenues increased 13.6% to $1.34 billion on a reported basis, driven by strong sales in Versace (acquired on December 31, 2018) and Jimmy Choo, and exceeding the $1.33 billion estimate. By brand, Michael Kors revenues declined 0.4% to $1.07 billion; Jimmy Choo revenues rose 28.7% to $139 million; and, Versace revenues were $137 million. For FY20, the company expects net revenues to reach $6.0 billion with an operating margin of around 15.5%. The company forecasts 1Q20 revenues of around $1.36 billion. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: September 2023 Leading Indicators of US Retail Sales: Strong Wage Growth and Labor Market Signal Positivity for Holiday SeasonEarnings Insights 2Q23, Week 3: Alibaba Reports Double-Digit Growth; Capri Holdings, Hanesbrands, Qurate Retail and Under Armour See Sales DeclineWeekly US and UK Store Openings and Closures Tracker 2024, Week 3: Greggs To Open 140 Stores in the UKChina Consumer Tracker: Understanding Beauty Shoppers