Company Earnings Update 4 minutesRegister for Free AccessCapri Holdings (NYSE: CPRI) 3Q19 Results: EPS Beat Consensus Despite Revenue Shortfall Coresight Research February 7, 2019 Executive Summary Capri Holdings beat consensus adjusted EPS in 3Q19, reporting $1.76 versus $1.58. Revenues of $1.44 billion were flat year over year and estimate of $1.46 billion. Michael Kors (MK) Wholesale was a bright spot with 320 bps segment margin expansion despite an 8.3% drop in segment revenue. The Michael Kors brand continues to grow in awareness and followers globally, with more than 44 million social media followers. 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: Supercharging Manufacturer and Distributor Sales Productivity with Digital CommerceAnalyst Corner: A Definitive Guide to US Drugstore Retail with Aditya Kaushik2023 US Tax Tracker #2: IRS Issues $127.3 Billion in Refunds, Number of Returns Up by 10.6%Surprising Declines in Consumer Activity: US Consumer Survey Insights
