Company Earnings Update 3 minutesRegister for Free AccessCapri 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? Register for a free user account. This document was generated for Other research you may be interested in: Discount Decades—US Apparel and Footwear Discounters: Set For Market Share GainsSeptember 2024 US Retail Sales Outlook: Projecting 4% Sales Growth After Interest Rate CutGenerative AI Latest: Key Announcements from AWS re:Invent 2023China’s 6.18 Shopping Festival 2023: Three Trends To Watch, Discounting To Entice Cautious Consumers