Capri Holdings Q4 EPS More Than Doubles Estimates, Revenue Dips 3.8%
CPRI•Capri Holdings reported Q4 EPS of $0.22 versus $0.11 estimate, reversing a year-ago $4.90 loss per share, while Q4 revenue fell 3.8% year-over-year to $796 million, missing the $803 million consensus. The company forecasts annual profit above estimates and is executing a Michael Kors turnaround to boost growth.
1. Q4 EPS Surpasses Estimates
Capri Holdings delivered Q4 earnings per share of $0.22, more than double the $0.11 consensus estimate and a sharp rebound from last year’s $4.90 per-share loss, reflecting improved operational efficiency and cost management across its brand portfolio.
2. Revenue Miss and Year-Over-Year Decline
Quarterly revenue of $796 million fell short of the $803 million estimate and declined from $1.04 billion a year ago, indicating continued challenges in top-line growth amid softer demand in high-end retail segments.
3. Positive Outlook and Strategic Initiatives
The company projects full-year profit above market expectations and is advancing its Michael Kors turnaround strategy focused on product innovation and consumer engagement. At a P/E of 14.96, current ratio of 1.14 and debt-to-equity of 20.42, Capri seeks to balance growth investments with liquidity and leverage considerations.
