NYSE$CPRI
Capri Holdings Ltd · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Capri's financial performance exceeded initial expectations with strong eCommerce growth and sequential revenue improvement.
Capri Holdings Limited reported a significant decline in revenue due to the COVID-19 pandemic, but performance was better than initially expected. The company experienced a decrease in total revenue and a net loss, but also saw adjusted gross margin expansion. They ended the quarter with approximately $1.1 billion in liquidity.
- First quarter revenue declined by 66.5%, surpassing initial expectations.
- Adjusted gross margin expanded by 480 basis points compared to the previous year.
- Adjusted loss per share was $1.04.
- The company concluded the first quarter with roughly $1.1 billion in available liquidity.
Headline financials
Revenue & EPS history
Capri · Revenue · Quarterly
$451M
Revenue by segment
Capri · $358M total across 2 segments · Q1 2021
- Michael Kors$307M-68.7%85.8%
- Jimmy Choo$51M-67.7%14.2%
Forward guidance
Due to the lack of visibility surrounding the pandemic, macroeconomic fundamentals and tourism, the impacts on our financial and operating results cannot reasonably be estimated at this time. Therefore, the company is not providing earnings guidance for its fiscal year 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
+2.4%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+3.3%
Avg return
30 days after
58%
34 / 59 earnings
Positive
+53.5%
Q1 2024
Best reaction
-25.5%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -1.2% | -0.5% | — | |
| Q3 2026 | -13.4% | -12.8% | -19.2% | |
| Q2 2026 | -0.0% | +6.7% | +33.5% | |
| Q1 2026 | +14.3% | +6.7% | +16.9% | |
| Q4 2025 | +3.1% | -0.9% | +0.2% | |
| Q3 2025 | -10.1% | -8.5% | -13.1% | |
| Q2 2025 | -6.7% | -11.9% | +1.3% | |
| Q1 2025 | -4.2% | -6.2% | +9.1% | |
| Q4 2024 | -1.2% | +0.5% | -3.4% | |
| Q3 2024 | +1.3% | +1.8% | +1.2% | |
| Q2 2024 | -2.3% | -1.5% | +0.5% | |
| Q1 2024 | +53.5% | +50.0% | +52.5% | |
| Q4 2023 | -13.0% | -9.8% | -9.3% | |
| Q3 2023 | -25.5% | -22.8% | -35.4% | |
| Q2 2023 | +4.5% | +10.9% | +21.5% | |
| Q1 2023 | -1.8% | +1.2% | -5.3% | |
| Q4 2022 | +0.6% | +4.8% | -15.4% | |
| Q3 2022 | +4.9% | +5.4% | -11.3% | |
| Q2 2022 | +19.9% | +16.6% | +10.8% | |
| Q1 2022 | +14.2% | +16.6% | +16.7% | |
| Q4 2021 | +6.6% | +7.1% | +6.3% | |
| Q3 2021 | +6.6% | +9.0% | +11.6% | |
| Q2 2021 | +7.2% | +20.8% | +68.1% | |
| Q1 2021 | +7.2% | +20.1% | +22.2% | |
| Q4 2020 | -2.6% | +0.5% | -4.2% | |
| Q3 2020 | +1.9% | -2.2% | -25.5% | |
| Q2 2020 | +4.5% | +6.7% | +11.9% | |
| Q1 2020 | +3.5% | -5.5% | -11.1% | |
| Q4 2019 | -13.1% | -12.5% | -10.8% | |
| Q3 2019 | +8.2% | +4.5% | +0.1% | |
| Q2 2019 | -12.8% | -16.9% | -29.5% | |
| Q1 2019 | +10.3% | +8.9% | +10.3% | |
| Q4 2018 | -15.9% | -11.2% | -2.4% | |
| Q3 2018 | -8.3% | -7.0% | -6.2% | |
| Q2 2018 | +14.7% | +14.9% | +25.7% | |
| Q1 2018 | +23.0% | +20.0% | +13.8% | |
| Q4 2017 | -8.8% | -4.9% | -0.1% | |
| Q3 2017 | -8.3% | -7.0% | -11.7% | |
| Q2 2017 | -1.0% | -6.5% | -1.6% | |
| Q1 2017 | -2.0% | -0.3% | -4.7% | |
| Q4 2016 | +11.2% | +16.1% | +17.2% | |
| Q3 2016 | +27.9% | — | — | |
| Q2 2016 | +10.6% | — | — | |
| Q1 2016 | +11.0% | — | — | |
| Q4 2015 | -24.4% | — | — | |
| Q3 2015 | +0.9% | — | — | |
| Q2 2015 | -7.2% | — | — | |
| Q1 2015 | -3.3% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q3 2014 | +19.1% | — | — | |
| Q2 2014 | +6.3% | — | — | |
| Q1 2014 | +2.4% | — | — | |
| Q4 2013 | +6.0% | — | — | |
| Q3 2013 | +7.6% | — | — | |
| Q2 2013 | -4.9% | — | — | |
| Q1 2013 | +16.6% | — | — | |
| Q4 2012 | +1.7% | — | — | |
| Q4 2011 | +1.7% | — | — | |
| Q4 2010 | +1.7% | — | — | |
| Q1 2012 | — | — | — |
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