earnings
confidence high
sentiment negative
materiality 0.80
Capri Holdings Q1 FY2025 revenue falls 13.2% to $1.07B; adjusted EPS $0.04 vs $0.74 last year
Capri Holdings Ltd
2025-Q1 EPS reported
-$0.11
revenue$1,067,000,000
- Adjusted operating margin of 1.5% vs 9.0% prior year; GAAP net loss of $14M (($0.11)/diluted share).
- Versace revenue down 15.4% to $219M with an operating loss of $17M; Jimmy Choo down 5.5% to $173M; Michael Kors down 14.2% to $675M.
- Net inventory decreased 23% to $902M; free cash flow inflow of $40M vs outflow of $10M last year.
- CEO cites softening global demand for fashion luxury goods; Merger with Tapestry pending FTC litigation.