Company Earnings UpdateCapri 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Positive Sentiment Trend Comes to an End: Weekly US Consumer Sentiment, Week 21, 2025—InfographicWeekly UK Store Openings and Closures Tracker 2025, Week 13: Kingfisher Announces Store Expansion Plans; Whole Foods Opens New London StoreAnalyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaAnalyst Corner: Why India Retail is Primed for a Blockbuster Festive-Sale Season, with Manik Bhatia
