Capri Holdings (CPRI.US) said it may selectively raise prices on its leather handbags to cushion the blow of tariff changes to sales for the company behind brands including Jimmy Choo, Versace and Michael Kors. Investors were encouraged by the news, which adds to the impact of strong quarterly results released yesterday.
Q4 RESULTS
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Create account Try a demo Download mobile app Download mobile app- Revenue $1.04 billion, -15% y/y, estimated $987.5 million
- Michael Kors revenue $694 million, -16% y/y, estimated $661.7 million
- Versace revenue $208 million, -21% y/y, estimated $200 million
- Jimmy Choo revenue $133 million, -2.9% y/y, estimated $127.4 million
- Revenue in constant currency -14.1%, estimated -17%
- Total number of stores 1,158, -6.5% y/y
- Versace stores 228, -3.4% y/y, estimated 231.71
- Jimmy Choo stores 219, -6.4% y/y, estimated 222.33
- Michael Kors stores 711, -7.5% y/y, estimated 726.19
Q1 FORECAST
- Revenues in the range of USD 765-780 million
- Jimmy Choo revenues in the range of USD 150-155 million, estimated USD 156.2 million
- Michael Kors revenues in the range of USD 615-625 million, estimated USD 596.5 million
- Versace sold (not included)
FY2026 FORECAST
- Revenues in the range of USD 3.3-3.4 billion
- Jimmy Choo revenues in the range of USD 540-550 million, estimated USD 556.1 million
- Michael Kors revenues in the range of USD 2.75-2.85 billion, estimated USD 2.76 billion
- Versace sold (not included)
Company dashboard with previous results/financial positions for the last quarters. Source: XTB
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