Capri Holdings: Fiscal Third Quarter Earnings Overview

Capri Holdings Reports Strong Third-Quarter Earnings

Capri Holdings Limited, headquartered in London, announced a net income of $116 million for its fiscal third quarter.

The company reported earnings of 96 cents per share. After accounting for special items, adjusted earnings came in at 81 cents per share.

These results surpassed analyst expectations, as the consensus from five Zacks Investment Research analysts predicted earnings of 78 cents per share.

During the quarter, the luxury retailer generated $1.02 billion in revenue, outperforming the $998.3 million forecasted by three Zacks analysts.

Looking ahead, Capri Holdings anticipates full-year earnings to fall between $1.30 and $1.40 per share, with projected revenue ranging from $3.45 billion to $3.48 billion.