Capri Holdings Limited Announces Second Quarter Fiscal 2023 Results
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Capri Holdings (CPRI) tops analyst earnings and revenue estimates
November 9, 2022 1:46 PM ESTCapri Holdings Limited (NYSE: CPRI) shares have edged lower Wednesday, despite initially climbing following its fiscal second-quarter earnings release.
The luxury fashion holding company topped consensus estimates, reporting earnings of $1.63 per share on revenue of $1.41 billion. Analysts expected earnings of $1.55 per share on revenue of $1.4 billion. Revenue increased by 8.6% on a reported basis, while the company's adjusted operating margin was 19.8%.
The company also authorized a new $1 billion share repurchase program.
Although inflation... More
Capri Holdings Limited (CPRI) Tops Q2 EPS by 8c; Guides Q4 Below Views, Announces New $1B Buyback
November 9, 2022 6:51 AM ESTCapri Holdings Limited (NYSE: CPRI) reported Q2 EPS of $1.63, $0.08 better than the analyst estimate of $1.55. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.4 billion.
Authorized New $1 Billion Share Repurchase Program
GUIDANCE:
Capri Holdings Limited sees... More
