- Capri press release ( NYSE: CPRI ): Q2 Non-GAAP EPS of $1.79 beats by $0.25 .
- Revenue of $1.41B (+8.5% Y/Y) beats by $10M .
- Adjusted gross profit was $948 million and adjusted gross margin was 67.1%, compared to $879 million and 67.6% in the prior year.
- Fiscal Year 2023 Outlook : For Capri Holdings, the Company expects the following: Total revenue of approximately $5.7 billion vs. consensus of $5.83B; Gross margin expansion of 50 basis points; Operating margin of approximately 18.3%; Diluted earnings per share of approximately $6.85 vs. consensus of $6.78.
- Third Quarter Fiscal 2023 Outlook : Total revenue of approximately $1.53 billion vs. consensus of $1.63B; Operating margin of approximately 20.5%; Diluted earnings per share of approximately $2.20 vs. consensus of $2.43.
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Capri Non-GAAP EPS of $1.79 beats by $0.25, revenue of $1.41B beats by $10M