2023-05-31 06:50:19 ET
- Capri press release ( NYSE: CPRI ): Q4 Non-GAAP EPS of $0.97 in-line.
- Revenue of $1.34B (-10.1% Y/Y) beats by $60M .
- Q1 Outlook : Total revenue of approximately $1.2 billion vs. consensus of $1.30 billion; Operating margin of approximately 8.5%; Net interest expense of approximately $4 million; Effective tax rate of approximately 15%; Weighted average diluted shares outstanding of approximately 120 million; Diluted earnings per share of approximately $0.70 vs. consensus of $1.43.
- FY2024 Outlook : Total revenue of approximately $5.7 billion vs. consensus of $5.73 billion; Modest gross margin expansion; Operating margin of approximately 16.5%; Net interest expense of approximately $20 million; Effective tax rate of approximately 15%; Weighted average diluted shares outstanding of approximately 122 million; Diluted earnings per share of approximately $6.40 vs. consensus of $6.28; Capital expenditures of approximately $260 million
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Capri Non-GAAP EPS of $0.97 in-line, revenue of $1.34B beats by $60M