Versace, Jimmy Choo Parent Capri Q3: Earnings Miss, Sales Decline, Lackluster Outlook & More

Capri Holdings Limited (NYSE:CPRI) shares are trading lower in the premarket session on Wednesday. The company reported that third-quarter adjusted earnings per share was 45 cents, missing the street view of 66 cents. Quarterly sales of $1.26 billion aligned with the analyst consensus estimate. Revenue decreased 11.6% on a reported basis and 11.4% in constant currency. Total company retail sales declined low-double-digits while wholesale revenue decreased low-teens. Versace revenue of $193 milli

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Yahoo! Finance: CPRI News

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