Capri Holdings: Fiscal Q2 Earnings Snapshot
LONDON (AP) — LONDON (AP) — Capri Holdings Limited (CPRI) on Thursday reported fiscal second-quarter earnings of $90 million.
On a per-share basis, the London-based company said it had profit of 77 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, were $1.13 per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The luxury retailer posted revenue of $1.29 billion in the period, also falling short of Street forecasts. Five analysts surveyed by Zacks expected $1.33 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPRI at https://www.zacks.com/ap/CPRI
