earnings
confidence high
sentiment positive
materiality 0.80
Capri Holdings reports record Q4 FY2022 revenue up 24.6%, EPS $1.02, authorizes new $1B buyback
Capri Holdings Ltd
2022-FY EPS reported
$5.39
revenue$5,654,000,000
- Revenue $1.492B, up 24.6% YoY; adjusted EPS $1.02 vs $0.38 prior year.
- All three luxury houses (Versace, Jimmy Choo, Michael Kors) beat expectations; Versace revenue up 34%.
- Board authorized new $1B share repurchase program over 2 years, replacing prior program with $500M remaining.
- FY2023 outlook: revenue ~$5.95B, EPS $6.85, operating margin ~18%.
- Q1 FY2023 guidance: revenue ~$1.3B, EPS $1.35.