Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2020 Results

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Capri Holdings Limited (CPRI) Misses Q4 EPS by 3c, Revenues Beat

July 1, 2020 6:33 AM EDT

Capri Holdings Limited (NYSE: CPRI) reported Q4 EPS of $0.11, $0.03 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.12 billion.

Fourth Quarter and Full Year Fiscal 2020 Highlights

Fourth quarter revenue decline of 11.3%, full year revenue growth of 6.0%Fourth quarter adjusted operating margin of 8.3%, full year adjusted operating margin of 13.6%Fourth quarter adjusted earnings per share of $0.11, including tax valuation allowances of $(0.44)Full year adjusted earnings per share of $3.89, including tax valuation allowances of $(0.44)

John D. Idol, the... More