NYSE$CPRI
Capri Holdings Ltd · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Capri Holdings' first quarter performance was slightly ahead of expectations amidst planned acquisition by Tapestry, Inc.
Capri Holdings Limited reported a revenue decrease of 9.6% and adjusted earnings per share of $0.74 for the first quarter of fiscal year 2024. The company announced a planned acquisition by Tapestry, Inc., marking a significant milestone.
- Revenue decreased by 9.6% on a reported basis and 9.3% in constant currency.
- Adjusted operating margin was 9.0%.
- Adjusted earnings per share reached $0.74.
- Capri Holdings announced planned acquisition by Tapestry, Inc.
Headline financials
Revenue & EPS history
Capri · Revenue · Quarterly
$1.23B
Revenue by segment
Capri · $970M total across 2 segments · Q1 2024
- Michael Kors$787M-13.8%81.1%
- Jimmy Choo$183M+6.4%18.9%
Forward guidance
Given the planned acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance at this time and has withdrawn its previously issued guidance.
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 2024
+2.4%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+3.3%
Avg return
30 days after
59%
34 / 58 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 | — | — | — | |
| 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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