Company Earnings UpdateCapri Holdings (NYSE: CPRI) 1Q20 Results: Revenue Misses Estimates, Reduces Revenue Guidance Coresight Research August 8, 2019 Executive Summary Capri Holdings reported 1Q20 adjusted EPS of $0.95, above the $0.90 consensus estimate. Revenues increased 11.9% to $1.34 billion on a reported basis, missing the $1.37 billion estimate. By brand, Michael Kors revenues declined 4.8% to $981 million; Jimmy Choo revenues declined 8.7% to $158 million; and, Versace revenues were $207 million. For FY20, the company expects net revenues to reach $5.8 billion with an operating margin of around 15.5%. The company forecasts 2Q20 revenues of around $1.45 billion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Holiday 2024: US Retail Wrap-Up—Apparel and Amazon Dominate SpendingHoliday Bites: GLP-1 Disruption with Smaller Baskets, Smaller Sizes—and a Leaner Thanksgiving?—Data GraphicHigh-Income Consumers Turn Optimistic About Economy; Plus, Inflation Awareness Declines: US Consumer Survey InsightsUS Store Tracker Extra, June 2025: 120+ Million Square Feet of Retail Space To Close This Year, Outpacing Openings by Over 1.5X
