Capri Q2 revenue up 8.6%, adj EPS $1.79; authorizes new $1B buyback

Capri Holdings Ltd

2023-Q2 EPS reported $3.03 revenue$2,772,000,000

Revenue $1.41B (+8.6% reported, +17.5% constant currency); adj operating margin 19.8%.
Adj EPS $1.79 vs $1.53 a year ago, record Q2 EPS; revenue guided ~$5.7B for FY2023.
Michael Kors revenue $962M (+9.2%); Versace $308M (+9.2%); Jimmy Choo $142M (+3.6%).
New $1B two-year share repurchase program replaces existing program with $250M remaining.
Net inventory $1.18B, up 36% YoY; management expects moderation through year.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Capri Holdings Ltd reported second quarter of Fiscal 2023 ended October 1, 2022 results: revenue $1.41 billion, net income $224 million, EPS $1.79 per diluted share. Guidance reaffirmed.

Period: second quarter of Fiscal 2023 ended October 1, 2022
Revenue: $1.41 billion
Net income: $224 million
EPS: $1.79 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

of GAAP to non-GAAP financial information is provided at the end of this press release. Overview of Capri Holdings Second Quarter Fiscal 2023 Results: • Total revenue of $1.41 billion increased 8.6% compared to last year. On a constant currency basis, total revenue increased 17.5%. • Gross profit was $951 million and gross margin was 67.4% , compared to $884

View on SEC.gov

Browse all earnings releases →

Capri Holdings Ltd filing history →

Source: SEC EDGAR

accession 0001530721-22-000150

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.